Determine the ERR (External rate of return) of the cash flows if external rate (e) is given as %10.

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 13MC: Which of the following discounts future cash flows to their present value at the expected rate of...
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Determine the ERR (External rate of return) of the cash flows if external rate (e) is given as %10.
Cash
Flow
Year
0
1
2
3
4
5
6
7
Select one:
a.0.245007
b.0.19667
c.0.168017
d.0.204146
e.0.274516
f.0.181262
g.0.228861
h.0.264278
-3000
3000
6000
-1000
2000
4000
-5000
8000
Transcribed Image Text:Determine the ERR (External rate of return) of the cash flows if external rate (e) is given as %10. Cash Flow Year 0 1 2 3 4 5 6 7 Select one: a.0.245007 b.0.19667 c.0.168017 d.0.204146 e.0.274516 f.0.181262 g.0.228861 h.0.264278 -3000 3000 6000 -1000 2000 4000 -5000 8000
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