For the purpose of calculation – do we need to use –>closing stock (or) –>avg of closing and opening stock
SSEI QForum Latest Questions
Can anyone help me with the explanation of the answer of this question? Thanks!
An investment of $150,000 is expected to generate an after-tax cash flow of $100,000 in one year and another $120,000 in two years. The cost of capital is 10%. What is the internal rate of return? A 28.39%. B 28.59%.