Compute the net present value of the investment

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An investment of $15,000 is expected to return $8,000 at the end of 5 months and 10 months. a) Compute the net present value of the investment at a simple interest rate of 10%. Is the investment attractive at this rate? b) Compute the internal rate of return to the nerest 0.01%

Reference no: EM13273719

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