An investment of $1,300 today returns $61,000 in 50 years. What is the internal rate of return on this investment? m. A company is planning to set aside money to repay $150 million in bonds that will be coming due in eight years. How much money would the company need to set aside at the end of each year for the next eight years to repay the bonds when they come due? How would your answer change if the money were deposited at the be- ginning of each year?

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