Question
P4.14 You invest $5,115 in stock and receive dividends of $50, $55, $60, and $65 over the following four years. At the end of the
P4.14You invest $5,115 in stock and receive dividends of $50, $55, $60, and $65 over the following four years. At the end of the four years, you sell the stock for $5,300. What was the IRR on this investment?
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Get StartedRecommended Textbook for
Analysis for Financial Management
Authors: Robert Higgins
11th edition
77861787, 978-0077861780
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