In this video, we tackle a complex capital budgeting question that could appear in your intro to finance class or exams. Using a step-by-step approach, we break down the given project details, including internal rate of return (IRR), cash flows, and the firm's discount rate. The goal is to calculate the project's net present value (NPV). By building a clear timeline and using your financial calculator, you'll learn how to solve for missing cash flows and compute the NPV accurately. This process is explained with real-world applications, making it easier to handle ambiguous questions effectively.