An investment of $1,000 will return $60 annually forever. What is its internal rate of return?
A) 6%
B) 0.60%
C) 16.67%
D) 60%
E) Cannot be determined.
A
Business
A) 6%
B) 0.60%
C) 16.67%
D) 60%
E) Cannot be determined.
A