A pension h.Jnd is making an investment ofS1 00.000 today and expects to r~eive S! .50031 the

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A pension h.Jnd is making an investment ofS1 00.000 today and expects to r~eive S! .50031 the end of each month for the next rive years. At the end of the fifth ye.ar. the capit2l investmem of S I 00.000 will be returned. What is the internal nne arrc-turn on Ihis il1\·csmlCnt?

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Real Estate Finance And Investments

ISBN: 9780073524719

13th Edition

Authors: William Brueggeman, Jeffrey Fisher

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