Question
An investment cost $6,500, and will have a cash flow of $1,500 in the first year, $1,800 in the second year and $200 in the
An investment cost $6,500, and will have a cash flow of $1,500 in the first year, $1,800 in the second year and $200 in the third year, at which time the investment will be sold for $8,000. What is the internal rate of return (IRR) of this investment?
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Data Analysis And Decision Making
Authors: Christian Albright, Wayne Winston, Christopher Zappe
4th Edition
538476125, 978-0538476126
