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A potential project provides the following:  Initial Investment = 36,101  Annual cash Flows = 12,101  period= 5 years  What is the discount rate If NPV = 0?  Answer in the format: #0.00 Answer as a percentage but without the % sign               Example 0 0651 is entered as 6.51 Do not round intermediary calculations. Use full precision of your calculator or Excel. Do not include commas or dollar signs. Round properly to two decimal places Example: .157835 would be .16 Example: 2.3491 would be entered 2.35  HINT: Be sure your answer is percentage

A potential project provides the following:  Initial Investment = 36,101  Annual cash Flows = 12,101  period= 5 years  What is the discount rate If NPV = 0?  Answer in the format: #0.00 Answer as a percentage but without the % sign               Example 0 0651 is entered as 6.51 Do not round intermediary calculations. Use full precision of your calculator or Excel. Do not include commas or dollar signs. Round properly to two decimal places Example: .157835 would be .16 Example: 2.3491 would be entered 2.35  HINT: Be sure your answer is percentage

Essentials Of Investments
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
Section: Chapter Questions
Problem 1PS
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A potential project provides the following:

 Initial Investment = 36,101

 Annual cash Flows = 12,101

 period= 5 years

 What is the discount rate If NPV = 0?

 Answer in the format:

  • #0.00
  • Answer as a percentage but without the % sign

              Example 0 0651 is entered as 6.51

  • Do not round intermediary calculations. Use full precision of your calculator or Excel.
  • Do not include commas or dollar signs.
  • Round properly to two decimal places
  • Example: .157835 would be .16
  • Example: 2.3491 would be entered 2.35

 HINT: Be sure your answer is percentage

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