what is the internal rate of return of $10,000 investment that yields an annual benefit of $2,400 for 5 years?

EBK CFIN
6th Edition
ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter4: Time Value Of Money
Section: Chapter Questions
Problem 15PROB
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what is the internal rate of return of $10,000 investment that yields an annual benefit of $2,400 for 5 years?

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