Scuba supply company is considering making an investment of, Ask an Expert

Management Studies

Scuba Supply Company is considering making an investment of $1,000,000 and estimates that the result of the investment will yield the following returns over the next five years: Year 1 ($500,000) - a loss Year 2 $200,000 Year 3 $610,000 Year 4 $740,000 Year 5 $800,000 Estimate the internal rate of return on this investment.

Can you please show me the detailed formula for solving this without a spreadsheet?

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M91411937

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