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Accounting for Decision Making and Control 7th Edition by Jerold Zimmerman
Edition 7ISBN: 978-0078136726Accounting for Decision Making and Control 7th Edition by Jerold Zimmerman
Edition 7ISBN: 978-0078136726 Exercise 36
IRR Problem
A present investment of $50,000 is expected to yield receipts of $8,330 a year for seven years. What is the internal rate of return on this investment? (Show your calculations.)
A present investment of $50,000 is expected to yield receipts of $8,330 a year for seven years. What is the internal rate of return on this investment? (Show your calculations.)
Explanation
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Internal rate of investment (IRR) is the...
Accounting for Decision Making and Control 7th Edition by Jerold Zimmerman
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