Carrie Haute buys a fast food restaurant for $500,000. She is very successful and sells the business

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Carrie Haute buys a fast food restaurant for $500,000. She is very successful and sells the business six years later for $1,375,000. What is Carrie’s internal rate of return?

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Entrepreneurial Finance

ISBN: 978-0133140514

6th edition

Authors: Philip J. Adelman; Alan M. Marks

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Question Posted: Jul 31, 2015 09:03 AM

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Carrie Haute buys a fast food restaurant for $500,000. She is very successful and sells the business

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Entrepreneurial Finance

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