Compute the rate of return represented by the cash flow. Year Cash Flow -$14,000 1 5,000 5,500 3 6,000 4 6,500

EBK CFIN
6th Edition
ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter8: Risk And Rates Of Return
Section: Chapter Questions
Problem 7PROB
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7-17 Compute the rate of return represented by the cash
flow.
Year
Cash Flow
-$14,000
1
5,000
2
5,500
3
6,000
4
6,500
Transcribed Image Text:7-17 Compute the rate of return represented by the cash flow. Year Cash Flow -$14,000 1 5,000 2 5,500 3 6,000 4 6,500
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