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Determine the ERR (External rate of return) of the cash flows if external rate (e) is given as %13. Year Cash Flow 0 -5000 1
Determine the ERR (External rate of return) of the cash flows if external rate (e) is given as %13.
| Year | Cash Flow |
| 0 | -5000 |
| 1 | 3000 |
| 2 | 7000 |
| 3 | -1500 |
| 4 | 3000 |
| 5 | 1000 |
| 6 | -6000 |
| 7 | 8000 |
Select one:
a.
0.245007
b.
0.168017
c.
0.264278
d.
0.19667
e.
0.228861
f.
0.204146
g.
0.181262
h.
0.274516
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International Financial Management
Authors: Cheol Eun, Bruce Resnick
5thEdition
0073382345, 9780073382340
