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  3. 3 an investment opportunity has the cash flows which are...

Question: 3 an investment opportunity has the cash flows which are...

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3. An investment opportunity has the cash flows which are given below. Years Cash Flow 15000 +12000 +6000 8000 +4000 +12000 2 Use Descartes and Norstrom rules to define the characteristic of internal rate of return for this investment. (10 points) a. According to Descartes rules: According to Norstrom criteria: b. Find external rate of return of the investment opportunity if the external investment rate is %10. (15 points)

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