You will want to invest in a business that requires an initial investment of $5,250. The business is expected to produce cash flows of $750 at the end of Year 1, $1,000 at the end of Year 2, $850 at the end of Year 3, and $6,250 at the end of Year 4. What rate of return would you earn in this business venture?

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter16: Statement Of Cash Flows
Section: Chapter Questions
Problem 5TP: If you had $100,000 available for investing, which of these companies would you choose to invest...
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You will want to invest in a business that requires an initial investment of $5,250.
The business is expected to produce cash flows of $750 at the end of Year 1, $1,000
at the end of Year 2, $850 at the end of Year 3, and $6,250 at the end of Year 4.
What rate of return would you earn in this business venture?
Transcribed Image Text:You will want to invest in a business that requires an initial investment of $5,250. The business is expected to produce cash flows of $750 at the end of Year 1, $1,000 at the end of Year 2, $850 at the end of Year 3, and $6,250 at the end of Year 4. What rate of return would you earn in this business venture?
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