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The table below shows the cash flows associated with a certain investment. (a) How many possible rates of return are there for this set of
The table below shows the cash flows associated with a certain investment. (a) How many possible rates of return are there for this set of cash flows? (b) Find all the rate of return values for these cash flows between 0% and 100%
YEAR | 0 | 1 | 2 | 3 | 4 | 5 | 6 |
Cash flow | 15000 | -30300 | 1500 | 6000 | 6000 | 6000 | 6000 |
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