Assume an individual makes a lump sum investment at the beginning of year one of $1,432. The
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Assume an individual makes a lump sum investment at the beginning of year one of $1,432. The expected return on this investment received at the end of year 7 is $5,808. What is the IRR of the investment under consideration?
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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