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Category > Business & Finance Posted 19 May 2017 My Price 11.00

Computing the Internal Rate of Return for an Annuity

Computing the Internal Rate of Return for an Annuity

Baker, Bellingham, and Botts, was so impressed with Jessica that it has decided to fund her business. In return for providing the initial capital of $1 million, Jessica has agreed to pay them $125,000 at the end of each year for the next 30 years. What is the internal rate of return on Baker, Bellingham, and Botts’s investment in Jessica’s company, assuming she fulfills her commitment?

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Status NEW Posted 19 May 2017 01:05 PM My Price 11.00

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