8. Compute the net present value (use a cost of money of 0.15) and the internal rate of return…
8. Compute the net present value (use a cost of money of 0.15) and the internal rate of return for each of the following investments:
Period
Investment
0
1
2
A
$(1,000)
$1,322
B
(1,000)
$ 615
615
C
(1,000)
1,150