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14. A project has an initial outlay of $5,000. It has a single payoff $30,000.00 at the end of Year 4. What is the IRR

14. A project has an initial outlay of $5,000. It has a single payoff $30,000.00 at the end of Year 4. What is the IRR for the project (round to the nearest percent)? A) 57% B) 58% C) 31% D) 60% E) 62%

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