
Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Question
1
IRR for X, Y, and X-Y, 2 rates are: 8.6%, 16.4%

Transcribed Image Text:8-2
Construct a choice table for interest rates from 0%
to 100% for two mutually exclusive alternatives and
the do-nothing alternative.
A
Year
Buy Y
Buy X
-$185
-$100.0
1-4
62
36
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