A project has the following cash flow pattern in years 0 through 5: -50,000; 14,000; 15,000; 18,000; 19,000 and 20,000. The rate of return (%) at which the net present value = zero is: Note: Must enter your answer rounded to two decimal places (e.g. 1.23 or 45.67). Blank 1 Blank 1 Add your answer G

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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A project has the following cash flow pattern in years 0 through 5: -50,000; 14,000; 15,000; 18,000; 19,000 and
20,000. The rate of return (%) at which the net present value = zero is:
Note: Must enter your answer rounded to two decimal places (e.g. 1.23 or 45.67).
Blank 1
Blank 1 Add your answer
G
Transcribed Image Text:A project has the following cash flow pattern in years 0 through 5: -50,000; 14,000; 15,000; 18,000; 19,000 and 20,000. The rate of return (%) at which the net present value = zero is: Note: Must enter your answer rounded to two decimal places (e.g. 1.23 or 45.67). Blank 1 Blank 1 Add your answer G
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