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1. (4 total pts) Cash flow. A pension fund is making an investment today of $200,000 and expects to receive $10,000, $12,000, $14,000, $18,000 and
1. (4 total pts) Cash flow. A pension fund is making an investment today of $200,000 and expects to receive $10,000, $12,000, $14,000, $18,000 and $25,000 at the end of each year for the next five years. At the end of the 5th year, the capital investment of $200,000 will be returned. What is the internal rate of return compounded monthly on this investment
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