Question
You can invest in a stream of cash flows that requires a $20,000 investment today and promises to pay $3,000 for the next 3 years
You can invest in a stream of cash flows that requires a $20,000 investment today and promises to pay $3,000 for the next 3 years and $8,000 for the subsequent 3 years. What is the internal rate of return on this project?
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Fundamentals Of Futures And Options Market
Authors: John C. Hull
6th Edition
0132242265, 9780132242264
