Consider the following cash flow cash flow year 0 -1000 TL 2 +300 TL 3 +300 TL 4 +300 TL 5 +300 TL Calculate the rate of return for an investment of 1000 TL

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Consider the following cash flow
year
cash flow
-1000 TL
2
+300 TL
3
+300 TL
4
+300 TL
+300 TL
Calculate the rate of return for an
investment of 1000 TL
Transcribed Image Text:Consider the following cash flow year cash flow -1000 TL 2 +300 TL 3 +300 TL 4 +300 TL +300 TL Calculate the rate of return for an investment of 1000 TL
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