Sterling wetzel has just invested 277000 in a restaurant
Problem
Sterling Wetzel has just invested $277,000 in a restaurant specializing in German food. He expects to receive $41,141 per year for the next eight years. His cost of capital is 3.50 percent. Compute the internal rate of return.
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problemsterling wetzel has just invested 277000 in a restaurant specializing in german food he expects to receive 41141
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