Year Net Cash Flow, $ - 17,000 1 - 20,000 2 4,000 3 -11,000 4 32,000 5 47,000

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
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Boron nitride spray II (BNS II) from GE’s Advanced Material Ceramics Division is a release agent and lubricant that prevents materials such as molten metal, rubber, plastics, and ceramic materials from sticking to or reacting with dies, molds, or other surfaces. A European distributor of BNS II and other GE products had the net cash flows shown. (a) Determine the number of possible rate of return values. (b) Find all rate of return values between -30% and 130%.

Year
Net Cash Flow, $
- 17,000
1
- 20,000
2
4,000
3
-11,000
4
32,000
5
47,000
Transcribed Image Text:Year Net Cash Flow, $ - 17,000 1 - 20,000 2 4,000 3 -11,000 4 32,000 5 47,000
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