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Uneven cash flows: An investment costs $465 and is expected to produce cash flows of $100 at the end of each of the next 4
Uneven cash flows: An investment costs $465 and is expected to produce cash flows of $100 at the end of each of the next 4 years, then an extra lump sum payment of $200 at the end of the fourth year. What is the expected rate of return on this investment?
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To calculate the expected rate of return on the investment we need to find the internal rate of retu...
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Fundamentals of Corporate Finance
Authors: Richard Brealey, Stewart Myers, Alan Marcus
8th edition
77861620, 978-0077861629
