A project requires an initial investment of $50 000. It produces a return of $40 000 at the end of year 1 and $30 000 at the end of year 2. Find the exact value of the internal rate of return.

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01-11-2022
Mathematics

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A project requires an initial investment of $50 000. It produces a return of $40 000 at the end of year 1 and $30 000 at the end of year 2. Find the exact value of the internal rate of return.

Sagot :

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