Required information For the net cash flows shown, find the external rate of return with a reinvestment rate of 15% per year. Year Net Cash Flow, $ 48,000 18,253 -87,300 45,634 -47,459 1 3. NOTE: This is a multi-part question. Once an answer is submitted, you will be unable to return to this part. Use the manual ROIC method. The ERR is %.
Required information For the net cash flows shown, find the external rate of return with a reinvestment rate of 15% per year. Year Net Cash Flow, $ 48,000 18,253 -87,300 45,634 -47,459 1 3. NOTE: This is a multi-part question. Once an answer is submitted, you will be unable to return to this part. Use the manual ROIC method. The ERR 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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Question
For the net cash flows shown, find the external
The ERR is %
![Required information
For the net cash flows shown, find the external rate of return with a reinvestment rate of 15% per year.
Year
Net Cash Flow, $
48,000
18,253
1
-87,300
45,634
-47,459
4
NOTE: This is a multi-part question. Once an answer is submitted, you will be unable to return to this part.
Use the manual ROIC method.
The ERR is
|%.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd8a6cb0a-f2f4-43a1-80d9-3a0c13488518%2F123cb5c6-8d7a-4be8-a027-b5404fca6bb4%2Fccw0s619_processed.png&w=3840&q=75)
Transcribed Image Text:Required information
For the net cash flows shown, find the external rate of return with a reinvestment rate of 15% per year.
Year
Net Cash Flow, $
48,000
18,253
1
-87,300
45,634
-47,459
4
NOTE: This is a multi-part question. Once an answer is submitted, you will be unable to return to this part.
Use the manual ROIC method.
The ERR is
|%.
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