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What is the internal rate of return on an investment with the following cash flows? Year Cash Flow 0 $109,000 1 43,400 2 36,100 3
What is the internal rate of return on an investment with the following cash flows?
| Year | Cash Flow |
| 0 | $109,000 |
| 1 | 43,400 |
| 2 | 36,100 |
| 3 | 48,600 |
39.17 percent
13.06 percent
28.36 percent
8.36 percent
9.45 percent
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Intermediate Financial Theory
Authors: Jean-Pierre Danthine, John B. Donaldson
3rd Edition
0123865492, 9780123865496
