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b) An investment is made of $25,000. Then for each year over the next 5 years, the investment pays back $10,000. What is the IRR?
b) An investment is made of $25,000. Then for each year over the next 5 years, the investment pays back $10,000.
| What is the IRR? |
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There are 3 Steps involved in it
Step: 1
To find the Internal Rate of Return for an investment we need to determine the discount rate that ma...
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Financial Management For Decision Makers
Authors: Peter Atrill, Paul Hurley
2nd Canadian Edition
138011605, 978-0138011604
