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$10,000 pesos are invested in the purchase of a machine to produce tortillas and it promises income for the first three months of $5000, $3000
$10,000 pesos are invested in the purchase of a machine to produce tortillas and it promises income for the first three months of $5000, $3000 and $5000. What is the rate of return on investment or IRR?
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The Internal Rate of Return IRR is the discount rate that sets the Net Present V...
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
12th Edition
978-0030243998, 30243998, 324422695, 978-0324422696
