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Determine the ERR (External rate of return) of the cash flows if external rate (e) is given as %14. Year Cash Flow 0 -3000 1
Determine the ERR (External rate of return) of the cash flows if external rate (e) is given as %14.
| Year | Cash Flow |
| 0 | -3000 |
| 1 | 2000 |
| 2 | 4000 |
| 3 | -1000 |
| 4 | 3000 |
| 5 | 4000 |
| 6 | -5000 |
| 7 | 9000 |
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Income Tax Planning
Authors: Thomas P. Langdon, E. Vance Grange, Michael A. Dalton
5th Edition
1936602075, 978-1936602070
