Consider the following cash flow: Year Cash Flow 0...........................-$1000 1..................................0 2..............................+300 3..............................+300 4..............................+300 5..............................+300 Compute the rate
Question:
Year Cash Flow
0...........................-$1000
1..................................0
2..............................+300
3..............................+300
4..............................+300
5..............................+300
Compute the rate of return on the $1000 investment to within 0.1%.
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Related Book For 
Engineering Economic Analysis
ISBN: 9780195168075
9th Edition
Authors: Donald Newnan, Ted Eschanbach, Jerome Lavelle
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