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An investment promises to pay $1000 per year (paid at the end of each year) for 10 years with an interest rate of 10% compounded

  • An investment promises to pay $1000 per year (paid at the end of each year) for 10 years with an interest rate of 10% compounded annually. Estimate the investment amount required to make, below which the internal rate of return from the investment will be greater than 10% per annum.


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1 Define the equation The NPV of the investment can be calculated using the following formula NPV Pr... blur-text-image

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