please solve by hand instead of using excel. thank you! 3. Use an external investing rate of 12% and an external borrowing rate of 6%. Compute the rate of return on the investment. Year Cash Flow $100 240 21 -143

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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please solve by hand instead of using excel. thank you!
3. Use an external investing rate of 12% and an external
borrowing rate of 6%. Compute the rate of return on
the investment.
Year Cash Flow
$100
1.
240
-143
Transcribed Image Text:please solve by hand instead of using excel. thank you! 3. Use an external investing rate of 12% and an external borrowing rate of 6%. Compute the rate of return on the investment. Year Cash Flow $100 1. 240 -143
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