Question
An original investment of $250,000 provides an ordinary annuity of $100,000 to be received at the end of each of the next 3 years. The
An original investment of $250,000 provides an ordinary annuity of $100,000 to be received at the end of each of the next 3 years. The internal rate of return is _____.
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| A) | less than 2% |
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| B) | 2%% |
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| C) | more than 2% |
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| D) | insufficient information to answer |
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| E) | none of the above |
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Financial Accounting International Financial Reporting Standards Global Edition
Authors: Charles T. Horngren, C. William Thomas, Wendy M. Tietz, Themin Suwardy, Walter T. Harrison
11th Edition
9781292211145
