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You are offered a chance to buy an asset for $4,500 that is expected to produce cash flows of $750 at the end of Year
You are offered a chance to buy an asset for $4,500 that is expected to produce cash flows of $750 at the end of Year 1, $1,000 at the end of Year 2, $850 at the end of Year 3, and $3,250 at the end of Yr4.
What is the rate of return
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The Oxford Handbook Of Entrepreneurial Finance
Authors: Douglas Cumming
1st Edition
0195391241, 978-0195391244
