Sterling Wetzel has just invested $270,000 in a restaurant specializing in German food. He expects to receive $43,470 per year for the next eight years. His cost of capital is 5.5 percent. Compute the internal rate of return. Enter your answer as a whole percentage value (for example, 16% should be entered as "16" in the answer box).
%

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Answer rating: 100% (QA)

Part 2 Present value annuity i8 cash ouflow annual cash flow 27000043... View the full answer