A 2-year investment of $2,000 results in a cash flow of $150 at the end of the

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A 2-year investment of $2,000 results in a cash flow of $150 at the end of the first year and another cash flow of $150 at the end of the second year, in addition to the return of the original investment. What is the dollar-weighted (internal) rate of return on the investment?

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ISE Investments

ISBN: 9781266085963

13th International Edition

Authors: Zvi Bodie, Alex Kane, Alan Marcus

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