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This study demonstrates that a popular graphing calculator among students, TI-83 Plus, has a powerful function to draw the NPV profile and find the accurate multiple IRRs for a project with non-conventional cash flows. However, finance textbooks or related supplementary materials do not provide students instructions for this part. The detailed steps to find multiple IRRs utilizing TI-83 Plus are displayed in this paper. In addition, the complete and detailed procedures to find multiple IRRs utilizing different financial calculators and Excel spreadsheet are discussed.

the international college teaching methods and styles journal

Finding Multiple Internal Rates Of Return For A Project With Non-Conventional Cash Flows: Utilizing Popular Financial/Graphing Calculators And Spreadsheet Software