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The following are exercises on internal rates of return: a. An investment of $1,000 today will return $2,000 at the end of 10 years. What is its internal rate of return?b. An investment of $1,000 will return $500 at the end of each of the next 3 years. What isits internal rate of return?c. An investment of $1,000 today will return $900 at the end of 1 year, $500 at the end of2 years, and $100 at the end of 3 years. What is its internal rate of return?d. An investment of $1,000 will return $130 per year forever. What is its internal rate ofreturn?
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