Question: Che Solve the following rate of return problems. a . An investment of $ 1 , 6 0 0 today returns $ 7 0 ,
Che
Solve the following rate of return problems.
a An investment of $ today returns $ in years. What is the internal rate of return on this investment?
b An investment costs $ today and promises a single payment of $ million in years. What is the promised rate of return, IRR, on this investment?
c What return do you earn if you pay $ for a stream of $ payments lasting years?
Note: Round your answers to decimal places.
tablea IRR,b IRR,c IRR,,
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