Question
You make an investment of 200 dollars in the cake business of your brother and in return you receive 2 payments of 300 dollars, one
You make an investment of 200 dollars in the cake business of your brother and in return you receive 2 payments of 300 dollars, one at the end of two years and then the other at the end of 5 years.
a) Determine the internal rate of return.
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Global Marketing
Authors: Johny K Johansson
5th Edition
0073381012, 9780073381015
