Question
What is the interal rate of return of a project with a $38,900 initial investment and expected net cash flows of $12,200, $15,000 and $27,700
What is the interal rate of return of a project with a $38,900 initial investment and expected net cash flows of $12,200, $15,000 and $27,700 in each of the next three years?
The internal rate of return is ________%
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Understanding Financial Risk Management
Authors: Angelo Corelli
1st Edition
0415746183, 978-0415746182
