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adotey adotey
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A year ago
Eli purchased an investment for $1,000.  It generated the following stream of cash flows.

End of year 1$300
End of year 2$400
End of year 3$500
His internal rate of return was

▸ 10.65%.

▸ 6.67%.

▸ 9.70%.

▸ 8.90%.
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
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LoveameriahLoveameriah
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A year ago
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8.90%.
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adotey Author
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A year ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
tcat
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Yesterday
You make an excellent tutor!
smdavis
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2 hours ago
Good timing, thanks!
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