What is the internal rate of return for an investment where you have to pay 1000 for
Fantastic news! We've Found the answer you've been seeking!
Question:
What is the internal rate of return for an investment where you have to pay 1000 for an expected cash flow of 300 in one year and 800 in two years? (Answer with decimal numbers from 0 to 1, three decimals are enough, eg if the internal rate of return is 9.2456…% then you must answer 0.092.)
Related Book For
Financial Management Concepts and Applications
ISBN: 978-0132936644
1st edition
Authors: Stephen Foerster
Posted Date: