Define the term internal rate of return. Assume an investment of $50,000 with an expected return of $15,000 per year for 5 years. What is
Define the term internal rate of return. Assume an investment of $50,000 with an expected return of $15,000 per year for 5 years. What is the approximate internal rate of return?
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Authors: Harry I. Wolk, James L. Dodd, John J. Rozycki
7th Edition
1412953456, 978-1412953450
