Question
30
(1
point)
Saved
In
Crystal
Ball
(or
other
similar
modeling/simulation
tools),
the
model
is
set
up
after
running
the
simulation
and
observing
its
output
(as
opposed
to
running
the
simulation
after
the
model
is
set
up).
()
True
(@)
False
Question
31
(1
point)
Saved
IRR
(Internal
Rate
of
Return)
is
the
discount/interest
rate
that
makes
the
net
present
value
(NPV)
of
all
cash
flows
(in
a
discounted
cash
flow scenario)
equal
to
zero.
(@)
True
()
False
Question
32
(3
points)
Saved
Consider
the
following
cash
flow,
the
first
number
representing
the
initial
(beginning
of
first
year)
number
and
the
next
5
numbers
representing
numbers
for
subsequent
years
(in
that
order).
What
is
the
approximate
IRR
of
this
cash
flow?
-$100,000
$56,000
-$20,000
$25,000
$60,000
$32,000
()
10%
©15%
e
