Nper = 7
PV = $61 million
FV = $190 million
Rate of return can be calculated by using the following excel
formula:
=RATE(nper,pmt,pv,fv)
=RATE(7,0,-61,190)
= 17.62%
Rate of return = 17.62%
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An experiment to compare the tension bond strength of polymer
latex modified mortar (Portland cement mortar to which polymer
latex emulsions have been added during mixing) to that of
unmodified mortar resulted in x = 18.17 kgf/cm2
for the modified mortar (m = 42) and y = 16.85
kgf/cm2for the unmodified mortar (n = 32). Let
μ1 and μ2 be the true
average tension bond strengths...