Consider the following cash flow: Year Cash Flow 0...........................-$1000 1..................................0 2..............................+300 3..............................+300 4..............................+300 5..............................+300 Compute the rate

Question:

Consider the following cash flow:
Year Cash Flow
0...........................-$1000
1..................................0
2..............................+300
3..............................+300
4..............................+300
5..............................+300
Compute the rate of return on the $1000 investment to within 0.1%.