What was your rate of return in your investment in business

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Suppose that you invest $40,000 in a business. Two years later you sell 3/5 the business for $80,000. One year after that you sell your remaining interest in the business for $20,000. What was your rate of return in your investment in this business? Be sure to draw a cash flow diagram. If using excel to solve be sure to explain methodology.

Reference no: EM131562530

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