You purchased 300 shares of Apple Computer on January 1, 2005, at a price of $86.33. On

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You purchased 300 shares of Apple Computer on January 1, 2005, at a price of $86.33. On January 1, 2012, you sold your Apple shares for $96,945.

What is the internal rate of return on this investment?

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Cornerstones of Financial and Managerial Accounting

ISBN: 978-1111879044

2nd edition

Authors: Rich, Jeff Jones, Dan Heitger, Maryanne Mowen, Don Hansen

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Posted Date: Apr 10, 2023 12:52 AM

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You purchased 300 shares of Apple Computer on January 1, 2005, at a price of $86.33. On

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ANSWER IS To calculate the internal rate of return IRR on this inv... View the full answer

Cornerstones of Financial and Managerial Accounting

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