For the net cash flow series shown, (a) apply thetwo rules
Chapter 7, Problem 7.39(choose chapter or problem)
For the net cash flow series shown, (a) apply thetwo rules of sign change, (b) find the external rateof return using the ROIC method at an investmentrate of 15% per year, and (c) determine an i* usingthe IRR function with and without the ROIC determinedin part (b).Year Net Cash Flow, $0 +48,0001 +20,0002 90,0003 +50,0004 10,000
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