INVESTMENTS(LL)W/CONNECT
INVESTMENTS(LL)W/CONNECT
11th Edition
ISBN: 9781260433920
Author: Bodie
Publisher: McGraw-Hill Publishing Co.
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Chapter 24, Problem 9CP
Summary Introduction

To calculate:The internal rate of return with the help of given information.

Introduction:

Internal rate of return: It is supposed to the discounting rate when the Net present value is zero. It is a discounting rate which equates the present value of cash inflow with that of cash outflows.

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