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courtneyjuma courtneyjuma
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2 years ago
An investment costs $3,500 today. This investment is expected to produce annual cash flows of $1,200, $1,400, $1,300 and $1,100, respectively, over the next four years. What is the internal rate of return on this investment?

▸ 8.1%

▸ 9.33%

▸ 14.6%

▸ 16.2%
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
Authors:
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NapoukahNapoukah
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2 years ago
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courtneyjuma Author
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2 years ago
This calls for a celebration Person Raising Both Hands in Celebration
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Thanks for your help!!
ky
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Helped a lot
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