Question
Return calculations For the investment shown in the following table, calculate the rate of return earned over the unspecified time period. Cash flow during period
Return calculationsFor the investment shown in the following table, calculate the rate of return earned over the unspecified time period.
| Cash flow during period | Beginning-of- period value | End-of- period value |
|
| $1,830 | $15,400 | $15,700 |
The rate of return on the investment is _______%.
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Multinational Business Finance
Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett
6th Edition
0201538997, 978-0201538991
