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34) You are considering an investment opportunity that will cost you $15,000 up front, and return $5,000 per year for 10 years, with the first
34) You are considering an investment opportunity that will cost you $15,000 up front, and return $5,000 per year for 10 years, with the first payment 5 years from today. What is the IRR for this investment? A) 14.4% B) 15% C) 13.4% D) 12.3% E) 12.8%
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Financial Accounting
Authors: Robert Libby, Patricia A Libby
7th Edition
0078111021, 9780078111020
