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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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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