What is your expected yield to maturity or effective


Today, you will pay $33,000 (a cash outflow) for the following cash flows at time 0: You will have the following cash flows: +$6,000 per year in Years 1 through 4, -$4,000 in year 5, +$2,000 in year 6, +$7,000 per year in Years 7 through 8, and $0 in year 9 and +$10,000 in year 10, with all cash flows occurring at the end of the year. What is your expected yield to maturity (or effective annualized interest rate) on the investment Also how does one solve for this using a calculator.

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Financial Management: What is your expected yield to maturity or effective
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