An investment of 60000 is expected to return 2600 in 6


An investment of $60,000 is expected to return $26,00 in 6 months and $41,000 in 1 year. (a) compute the net present value of the investment at a rate of 14%. Is this investment attractove at this rate? (b) Compute the internal rate of return on the investment. (within 0.1%)

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Financial Management: An investment of 60000 is expected to return 2600 in 6
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