You are considering investing in a security that will pay you $80 in interest at the end of each of the next 10 years. If this s
1 answer:
Answer:
the internal rate of return is 6%
Explanation:
The computation of the irr is shown below
Given that
Initial investment = $588.81
And yearly cash flows for the next 10 years is $80
Now for determining the internal rate of return we have to apply the formula
= IRR()
After applying the internal rate of return formula, the internal rate of return is 6%
Hence, the internal rate of return is 6%
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Answer:
Total cash to be realized in March = $468,000
Explanation:
As for the provided information, the details are:
Realization of sales:
In the month of Sale = 70%
In the month following sale = 20%
In the next to month following sale = 10%
Thus, for the month of March: Realization shall be:
Sales of March = 70% = $525,000 70% = $367,500
Sales of February = 20% = $375,000 20% = $75,000
Sales of January = 10% = $255,000 10% = $25,500
Total cash to be realized in March = $468,000