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 Net Cash Flow, $ -42,000 1 2 3 4 5 The rate of return is %. 31,000 23,000 11,000 3,000 7,000

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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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, $
-42,000
31,000
23,000
11,000
-3,000
7,000
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, $ -42,000 31,000 23,000 11,000 -3,000 7,000
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