You are considering the investment of $50,000 (today) in an ice cream truck. You project that the ice cream truck will generate the following
You are considering the investment of $50,000 (today) in an ice cream truck. You project that the ice cream truck will generate the following future cash flows: At the end of year 1: $0 At the end of year 2: $0 At the end of year 3: $0 At the end of year 4: $150,000 What is the IRR (Internal Rate of Return) of this investment?
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Authors: Erwin Kreyszig
10th edition
470458364, 470458365, 978-0470458365
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