For the cash flow series shown, find the external rate of return using a reinvestment rate of
Question:
For the cash flow series shown, find the external rate of return using a reinvestment rate of 15% per year, using
(a) the manual ROIC method, and
(b) a spreadsheet to verify the answer.
Incremental Year Cash Flow, $
0 48,000 1 20,000 2 90,000 3 50,000 4 10,000
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Related Book For
Basics Of Engineering Economy
ISBN: 9780073376356
2nd Edition
Authors: Leland T. Blank, Anthony Tarquin
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