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agasfer [191]
3 years ago
10

An investment costs $5,200 today. this investment is expected to produce annual cash flows of $2,100, $1,300, $1,800 and $1,200,

respectively, over the next four years. what is the internal rate of return on this investment?
a. 8.2%
b. 9.6%
c. 10.3%
d. 10.7%
Business
1 answer:
worty [1.4K]3 years ago
3 0
5,200 + 21,000 + 1,300 + 1,200 = 10,400 ÷ 10 totally investment 1,040 %
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