You have invested $5,000,000 into a new business venture. The expectation is that you will receive a real return of 22% per year for 5 years. Inflation is 5%. How much money will you need to receive each year from the investment in order to meet expectations.

Answer rating: 100% (QA)

To calculate the real return needed to meet the expectation of 22 per year with an inflation rate of ... View the full answer