Question
You invest $5,291 in stock and receive $57, $61, $61, and $ 57 in dividends over the following 4 years. At the end of the
You invest $5,291 in stock and receive $57, $61, $61, and $ 57 in dividends over the following 4 years. At the end of the 4 years, you sell the stock for $6,800. What was the IRR on this investment?
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Contemporary Business Mathematics with Canadian Applications
Authors: S. A. Hummelbrunner, Kelly Halliday, Ali R. Hassanlou, K. Suzanne Coombs
11th edition
134141083, 978-0134141084
