Question 3 D If Patricia's company has an external reinvestment rate (E) of 11%, wha the ERR of her project? Give your answer in percent format with two decimal places.

Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter19: The Basic Tools Of Finance
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Question 3
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If Patricia's company has an external reinvestment rate (E) of 11%, wha
the ERR of her project? Give your answer in percent format with two
decimal places.
Transcribed Image Text:Question 3 D If Patricia's company has an external reinvestment rate (E) of 11%, wha the ERR of her project? Give your answer in percent format with two decimal places.
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