Question
An investment costs $7,000 and generates a stream of revenue as follows for five years. If the rate of return is 8%, is it
An investment costs $7,000 and generates a stream of revenue as follows for five years. If the rate of return is 8%, is it profitable investment? Calculate the rate of return for this investment End of Year CF Year 1: $1,500 Year 2: $2,500 Year 3: 0 Year 4: 3,500 Year 5: 1,000
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Financial Management For Decision Makers
Authors: Peter Atrill, Paul Hurley
2nd Canadian Edition
138011605, 978-0138011604
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