Alpha Geek

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  • bachelor in business administration
    Polytechnic State University Sanluis
    Jan-2006 - Nov-2010

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    Polytechnic State University
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Category > Accounting Posted 15 May 2017 My Price 5.00

Becky made an investment with the following cash flows

Becky made an investment with the following cash flows:
YEAR 1 $ 30,000 Cash investment
YEAR 2 $ 10,000 Cash return received
YEAR 3 $ 8,000 Cash return received
YEAR 4 $ 11,000 Cash return received
YEAR 5 $ 9,000 Cash return received
What was her internal rate of return over the five year period?
     
Note: Round your answer to the nearest whole decimal, i.e. "12.2" " 5.1" or "2.3". Omit the "%" sign in your response.

Answers

Alpha Geek
(8)
Status NEW Posted 15 May 2017 01:05 PM My Price 5.00

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Attachments

file 1494856400-472498_1_636303444029026668_Solution.xlsx preview (15 words )
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