I bought a stock on 10/05/2018 for $150 and collected $5 on 11/23/2018 and another $5 on 5/23/2019 and another $6 on 11/23/2019

I bought a stock on 10/05/2018 for $150 and collected $5 on 11/23/2018 and another $5 on 5/23/2019 and another $6 on 11/23/2019. i sold it on 1/23/2020 for $175. what is the internal rate of return on the investment?

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Expert Solution

Cash outflow on 10/05/2018	-150
Cash inflow on 11/23/2018	5
Cash inflow on 5/23/2019	5
Cash inflow on 11/23/2019	5
Cash inflow on 1/23/2020	175

Formulae in excel is =IRR(D18:D22)	6.36%

jeff jeffy answered 2 years ago

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