If a small company can make an investment requiring an expenditure of $12,000 at the time being,
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If a small company can make an investment requiring an expenditure of $12,000 at the time being, in order to receive $15,000 after 3 years, Calculate what should be the internal rate of return on the investment?
Related Book For
Foundations of Financial Management
ISBN: 978-1259024979
10th Canadian edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
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