Determine the ERR (External rate of return) of the cash flows if external rate (e) is given

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Determine the ERR (External rate of return) of the cash flows if external rate (e) is given as %19.

Year Cash Flow

0 -3000

1 2000

2 4000

3 -1000

4 3000

5 4000

6 -5000

7 9000

Related Book For answer-question

College Accounting Chapters 1-30

ISBN: 978-0077862398

14th edition

Authors: John Price, M. David Haddock, Michael Farina

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Posted Date: Jan 26, 2024 04:23 AM

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Determine the ERR (External rate of return) of the cash flows if external rate (e) is given

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College Accounting Chapters 1-30

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