Calculate jefferey yield rate on his investment

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Reference no: EM131831497

Jefferey industries invests 2,500,000 today to build a new plant. Jeff expects to earn cash- flows of 500,000 at the end of one year, 350,000 at the end of two year, 490,000 at the end of three year. Based on this investment and these cash flows, calculate Jefferey’s yield rate on his investment.

Reference no: EM131831497

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