A cutting-edge product of Continental Fan had the following net cash flow series during its first 5-year period on the market. Find all rate of return values between 0% and 100%. (Round the final answer to three decimal places.) Year 0 1. 2 3 4 5 The rate of return is %. Net Cash Flow, $ -56,000 38,000 30,000 11,000 -1,000 14,000
A cutting-edge product of Continental Fan had the following net cash flow series during its first 5-year period on the market. Find all rate of return values between 0% and 100%. (Round the final answer to three decimal places.) Year 0 1. 2 3 4 5 The rate of return is %. Net Cash Flow, $ -56,000 38,000 30,000 11,000 -1,000 14,000
Chapter1: Making Economics Decisions
Section: Chapter Questions
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
Transcribed Image Text:A cutting-edge product of Continental Fan had the following net cash flow series during its first 5-year period on the market. Find all
rate of return values between 0% and 100%. (Round the final answer to three decimal places.)
Year
0
1.
2
3
4
5
The rate of return is
%.
Net Cash Flow, $
-56,000
38,000
30,000
11,000
-1,000
14,000
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