The table bellow shows the cash flow for an engineering project, if the reinvestment rate of return ɛ is 6% per year, the external rate of rate (EER) is : EOY Cash flow $ -13000 4 -4000 5 to 10 6000

Essentials Of Investments
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ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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The table bellow shows the cash flow for an
engineering project, if the reinvestment rate
of return ɛ is 6% per year, the external rate of
rate (EER) is :
EOY
Cash flow $
|-13000
4
-4000
5 to 10
6000
Transcribed Image Text:The table bellow shows the cash flow for an engineering project, if the reinvestment rate of return ɛ is 6% per year, the external rate of rate (EER) is : EOY Cash flow $ |-13000 4 -4000 5 to 10 6000
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