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Assuming no inflation and the outlays occur before receipts, a business venture is predicted to have an internal rate of return 4.1%. For which uniform
Assuming no inflation and the outlays occur before receipts, a business venture is predicted to have an internal rate of return 4.1%. For which uniform annual rate of inflation will the project break even if the investor may borrow and invest at 6.2% per annum interest? It is assumed that all future cash flows are subject to the above rate of inflation. Remark: You need to give the answer with two decimal places accuracy in %. For example, if you computed 2.4572% then 2.46, 2.457 and 2.4572 are all valid answers. But 2.45 is not because they result wasn't rounded correctly. Also, do not enter the percent sign %
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