You are looking at an investment that requires you to invest $51 today. You will get $100
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You are looking at an investment that requires you to invest $51 today. You will get $100 in one year, but you must pay out $50 in two years. What is the IRR on this investment?
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Related Book For
Fundamentals Of Corporate Finance
ISBN: 9781743768051
8th Edition
Authors: Stephen A. Ross, Rowan Trayler, Charles Koh, Gerhard Hambusch, Kristoffer Glover, Randolph W. Westerfield, Bradford D. Jordan
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