Question
A project has an initial investment of $1000 and generates $100 at the end of the first year. At the end of the second year
A project has an initial investment of $1000 and generates $100 at the end of the first year. At the end of the second year the investment generates $200 and the initial investment of $1000 is received back as well. What is the internal rate of return of the investment?
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Basic Finance An Introduction to Financial Institutions, Investments and Management
Authors: Herbert B. Mayo
11th Edition
1285425790, 1285425795, 9781305464988 , 978-1285425795
