If your father wants to invest in a piece of land and give you the following facts •Purchase price $10,000 • Annual maintenance: 100 • Expected sale price after 5 years: $20,000 The IRR of the investment is nearest to:

If your father wants to invest in a piece of land and give you the following facts •Purchase price $10,000 • Annual maintenance: 100 • Expected sale price after 5 years: $20,000 The IRR of the investment is nearest to:

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter11: Capital Budgeting Decisions

Section: Chapter Questions

Problem 9EA: If you invest $12,000 today, how much will you have in (for further Instructions on future value in...

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