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19 April, 05:35

An investment costs $5,200 today. this investment is expected to produce annual cash flows of $2,100, $1,300, $1,800 and $1,200, respectively, over the next four years. what is the internal rate of return on this investment?

a. 8.2%

b. 9.6%

c. 10.3%

d. 10.7%

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Answers (1)
  1. 19 April, 06:04
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    5,200 + 21,000 + 1,300 + 1,200 = 10,400 : 10 totally investment 1,040 %
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