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3) (25 pts.) Given the following cash flows, determine the rate of return of this investment. Year Cash Flow 0 -$15,000 1 10,000 2 6,000

3) (25 pts.) Given the following cash flows, determine the rate of return of this investment. Year Cash Flow 0 -$15,000 1 10,000 2 6,000 3 -8,000 4 4,000 5 4,000 6 4,000 7 3,000 8 -5,000 9 2,000 10 1,000

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