Question
You recently paid $13,500 for an investment that promises to pay $675 at the end of each of the next 6 years, then an additional
You recently paid $13,500 for an investment that promises to pay $675 at the end of each of the next 6 years, then an additional lump sum payment of $19,500 at the end of the 6th year. What is the expected rate of return on this investment?
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Entrepreneurship
Authors: Andrew Zacharakis, William D Bygrave
5th Edition
9781119563099
