Question
An investment costs $5,000 today. This investment is expected to produce annual cash flows of $1,200, $1,400, $1,600 and $1,800, respectively, over the next four
An investment costs $5,000 today. This investment is expected to produce annual cash flows of $1,200, $1,400, $1,600 and $1,800, respectively, over the next four years. What is the internal rate of return on this investment?
| a | 9.33% | |
| b | 7.20% | |
| c | 11.71% | |
| d | 13.09% |
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Valuing Agile The Financial Management Of Agile Projects
Authors: Alan Moran
1st Edition
0117082880, 9780117082885
