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Problem related to the egyptian exchange

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Question: Josef Samir is an investor in the Egyptian Exchange (EGX). He invests E£5,000 (Egyptian pound) in a cement company and receives dividends of E£65, 75, 76, and 76 over the next four years. At the end of the four years, he sells the stock for E£8,000. What is the IRR on this investment?

Reference no: EM131624269

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