You Invest $3000 by buying 100 shares of Driss Inc at a price of $30 per share. One year from now, Driss pays you a dividend of 40 cents per share. One year later (i.e. two years from now), you get another dividend of 40 cents per share and you immediately sell your shares for $32 each. What return (IRR) did you get on your investment?

Answer rating: 100% (QA)

Heres how to calculate the Internal Rate of Return IRR for your investment in Driss Inc Cash Flows Y... View the full answer