3. Hub Collins has invested in a project that promised to pay $100, $200, and $300, respectively,...

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3. Hub Collins has invested in a project that promised to pay $100, $200, and $300, respectively, at the end of the next three years. If Hub paid $513.04 for this investment, what is the project's internal rate of return?

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Investments

ISBN: 9788120321014

6th Edition

Authors: William F. Sharpe, Gordon J. Alexander, Jeffery V. Bailey

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