Question: years CF 0 $ (4000) 1 $ 1,640 2 $ (22,320) 3 $ 10,080 d) Now, using the following formula, calculate the External Rate of
| years | CF |
| 0 | $ (4000) |
| 1 | $ 1,640 |
| 2 | $ (22,320) |
| 3 | $ 10,080 |
d) Now, using the following formula, calculate the External Rate of Return (ERR) of the cashflows above, assuming a yield of 10%
/(1 + )^ = / (1 + )^
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