What is the irr of the given set of cash flows
Problem: What is the IRR of the following set of cash flows?Year 0 cash flow is -$2400;Year 1 cash flow is $640;Year 2 cash flow is $800;Year 3 cash flow is $2000.
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Problem: What is the IRR of the following set of cash flows?
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If you required rate of return is 15 percent, how much should you be willing to pay for this security?
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