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%. Year Net Cash Flow, $ 0 -48,000 1 35,000 2 24,000 3 15,000 4 -3,000 5 9,000 The rate of return is %
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%. Year Net Cash Flow, $ 0 -48,000 1 35,000 2 24,000 3 15,000 4 -3,000 5 9,000 The rate of return is %
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
Section: Chapter Questions
Problem 1PS
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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
|
Year |
Net Cash Flow, $ |
|
0 |
-48,000 |
|
1 |
35,000 |
|
2 |
24,000 |
|
3 |
15,000 |
|
4 |
-3,000 |
|
5 |
9,000 |
The rate of return is %
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