Multiple Choice
You are offered an investment that will pay you the cash flows shown in the table.The first cash flow occurs in one year.The cost of the investment is $1,086.59 (today) .What is the return on the investment?
A) 5%
B) 7%
C) 9%
D) 11%
E) 13%
Correct Answer:

Verified
Correct Answer:
Verified
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