What rate of return does the security provide

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Reference no: EM132510324

Question 1: A security has a cost of $1,000 and will return $2,000 after 5 years. What rate of return does the security provide?

Inputs:
PV =
-1000
FV =
2000
I/YR =
N =
Wizard (Rate):

Note: Use zero for Pint since there are no periodic payments. Note that the PV is given a negative sign because it is an outflow (cost to buy the security). Also, note that you must scroll down the menu to complete the inputs.

Reference no: EM132510324

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