Question
A foreign project with an investment of $10,000 has net cash flows of $9,000, $3,000, and $1,000 for each of the next three years. Compute
A foreign project with an investment of $10,000 has net cash flows of $9,000, $3,000, and $1,000 for each of the next three years. Compute the average rate of return for the project?
| 2.111 | ||
| 1.869 | ||
| 0.775 | ||
| 0.999 | ||
| 0.867 |
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Accounting Principles
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
10th Edition
978-0470534793
