A company is considering a one-year investment that costs $100,000. The investment would earn $15,000 during that

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A company is considering a one-year investment that costs $100,000.

The investment would earn $15,000 during that year. What is the internal rate of return on this investment?

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Business Finance

ISBN: 9780357532348

1st Edition

Authors: Les Dlabay, James L. Burrow

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