An investment costs $1,000 (CF at t = 0) and is expected to produce cash flows of $75 at the end of each of the next 5 years,then an additional lump sum payment of $1,000 at the end of the 5th year.What is the expected rate of return on this investment?
A)6.77%
B)7.13%
C)7.50%
D)7.88%

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The Answer of An investment costs $1,000 (CF at t = 0) and is expected to produce cash flows of $75 at the end of each of the next 5 years,then an additional lump sum payment of $1,000 at the end of the 5th year.What is the expected rate of return on this investment?
A)6.77%
B)7.13%
C)7.50%
D)7.88%

An Investment Costs $1,000 (CF at T = 0) and Is