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gisellerol gisellerol
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An investment costs $1,200 and is expected to produce cash flows of $80at the end of each of the next 5 years, then an additional lump sum payment of $1,400at the end of the 5th year. What is the expected rate of return on this investment?


8.77%



9.43%



9.50%



9.88%

Textbook 
 Financial Management: Theory and Practice

Financial Management: Theory and Practice


Edition: 4th
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someonespecialsomeonespecial
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gisellerol Author
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A year ago
Thanks
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Yesterday
Good timing, thanks!
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2 hours ago
Smart ... Thanks!
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