Solution-Find the Rate of Return of this marketing program

Find the Rate of Return of this marketing program

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Reference no: EM133057732

Question - A marketing program will cost $50,000 today and $100,000 in 2 years from today and $121,000 in 5 years from today. The net returns (profit) from the program will result in an increase in profits of $40,000 over 12 years. Find the Rate of Return (IRR) of this marketing program compounded annually.

Reference no: EM133057732

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Find the Rate of Return of this marketing program

Reference no: EM133057732

Reference no: EM133057732

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