yStudent/Player Test.aspx?testld-168301402¢erwin-yes; Managorial Finance_Fal
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yStudent/Player Test.aspx?testld-168301402¢erwin-yes; Managorial Finance_Fall 2017 Section 1 (9:00-9:50 AM) Quiz: Quiz #4 Submit Quiz Finar This Question: 1 pt 20f 15 (0 complete) | This Quiz: 20 pts possible ly ourse Return calculations For the investment shown in the following table., calculate the rate of return earmed over the unspecifted time period. (Cick on the loon located on the top-right comer News of the data table below in order to copy its contents into a spreadsheet) Assign Study Results Pearso Docum Multime Cash flowBeginning-of End-of- during period period value period value $8,600 $1,150 $7.900 The rate of retum on the investment is %. (Round to two decimal places ifthere is a loss, enter as a negative percentage) Chapte Dynam Enter your answer in the answer box Commu This courseManagerial France Fai 2017. Section 1 (9:00-950 AM) is based on Gitman Zutter Principes of Manageri, Finance bRiEF Type here to searchExplanation / Answer
Rate of return on investment = (Cash flows + (ending - initial )) / Initial investment
= ($1150 + ($7900 - $7600)) / $7600
= ($1150 + $300) / $7600
= 19.07%.
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