A two-year investment of $2,000 results in a return of $150 at the end of the first

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A two-year investment of $2,000 results in a return of $150 at the end of the first year and a return of $150 at the end of the second year, in addition to the return of the original investment. What is the internal rate of return on the investment?

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Essentials Of Investments

ISBN: 9780073368719

7th Edition

Authors: Zvi Bodie, Alex Kane, Alan J. Marcus

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Question Posted: Oct 20, 2023 04:11 AM

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A two-year investment of $2,000 results in a return of $150 at the end of the first

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The internal rate of return IRR is the rate at which the net present value NPV of cash flows from an ...View the full answer

Essentials Of Investments

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