Question
You're trying to choose between two different investments, both of which have up-front costs of $103,000. Investment G returns $168,000 in 8 years. Investment H
You're trying to choose between two different investments, both of which have up-front costs of $103,000. Investment G returns $168,000 in 8 years. Investment H returns $288,000 in 15 years.
Calculate the rate of return for each of theseinvestments
Investment G= ?%
Investment H= ?%
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Foundations Of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
11th Canadian Edition
1259024970, 978-1259265921
