Chapter 4 Capital Budgeting and Basic Investment Appraisal ...

Calculate the internal rate of return on this investment. A fund has 10,000 at the start of the year. During the year $5000 is added to the fund and $2000 is removed. The interest earned during the year is $1000. Which of the following are true: The amount in the fund at the end of the year is $14,000. ................
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