A business venture consists of an initial investment of 1m, requires a further investment of 0.5m after
Question:
A business venture consists of an initial investment of £1m, requires a further investment of £0.5m after 2 years, and leads to an income of £1.25m after a further 2 years. Calculate the internal rate of return for this project and interpret your answer.
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Working in money units of m and time units of years the equation of value of this pr...View the full answer
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Muhammad Umair
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Related Book For 
Introduction To Actuarial And Financial Mathematical Methods
ISBN: 9780128001561
1st Edition
Authors: Stephen Garrett
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