Tuesday
September 23, 2014

Homework Help: Finance

Posted by Anonymous on Thursday, March 21, 2013 at 9:46am.

Walmart wishes to determine the rate of return of an investment made four years ago for $25 000 and currently has a market value of $31 500. During the current year the investment generated cash flows of $1000.

Required:

What is the rate of return on the investment?

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