A company has an initial investment of $50,000 and generates a cash flow of $10,000 at the
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A company has an initial investment of $50,000 and generates a cash flow of $10,000 at the end of each year for the next 5 years. Calculate the internal rate of return (IRR) for this investment.
Related Book For
Contemporary Business Mathematics with Canadian Applications
ISBN: 978-0134141084
11th edition
Authors: S. A. Hummelbrunner, Kelly Halliday, Ali R. Hassanlou, K. Suzanne Coombs
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