Determine internal rate of return on investment


You are able to buy an investment for $1,000 that gives you the right to receive $438 in each of the next three years. What is the internal rate of return on this investment?

Solution Preview :

Prepared by a verified Expert
Finance Basics: Determine internal rate of return on investment
Reference No:- TGS0557820

Now Priced at $5 (50% Discount)

Recommended (98%)

Rated (4.3/5)