(Annuity, calculating r) Screw-Em-Good Corp. (SEG) has just announced a revolutionary security: If you pay SEG $1,000...
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(Annuity, calculating r) Screw-’Em-Good Corp. (SEG) has just announced a revolutionary security: If you pay SEG $1,000 now, you will get back $150 at the end of each of the next 15 years. What is the internal rate of return
(IRR) of this investment?
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Related Book For
Principles Of Finance Wtih Excel
ISBN: 9780190296384
3rd Edition
Authors: Simon Benninga, Tal Mofkadi
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