A 2-year investment of $2000 results in a cash flow of $150 at the end of the
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A 2-year investment of $2000 results in a cash flow of $150 at the end of the first year and another cash flow of $15 at the end of the second year, in addition to the return of the original investment. What is the dollar-weighted(internal) rate of return on the investment?
Related Book For
Financial and Managerial Accounting
ISBN: 978-0538480895
11th Edition
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
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