A project needs an investment of $1000 in Year 0. It is expected to produce cash flows
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A project needs an investment of $1000 in Year 0. It is expected to produce cash flows of $400 in each of the next 5 years (Years 1 – 5).
What is the expected rate of return of this project?
Related Book For
Fundamentals of Financial Management
ISBN: 978-0324597707
12th edition
Authors: Eugene F. Brigham, Joel F. Houston
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