Joe M. purchases a house for $410,000. He sells the home 8 years later for $629,000. What
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Question:
Joe M. purchases a house for $410,000. He sells the home 8 years later for $629,000. What is his internal rate of return (IRR)?
5.15%
1.50%
15%
5.50%
Related Book For
Principles Of Managerial Finance
ISBN: 978-0136119463
13th Edition
Authors: Lawrence J. Gitman, Chad J. Zutter
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