For the cash flow series below, calculate the external rate of return, using the return on invested

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For the cash flow series below, calculate the external rate of return, using the return on invested capital approach with an investment rate of 14% per year.

Year          Cash Flow, $

0 ..........              3000

1 ..........            –2000

2 ..........              1000

3 .........             –6000

4 ..........              3800

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Engineering economy

ISBN: 978-0073376301

7th Edition

Authors: Leland Blank, Anthony Tarquin

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