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5. IRR: Sinclair Wine is considering investing $200,000 in a temperature controlled storage room. The company plans on renting space in the storage room to

5. IRR: Sinclair Wine is considering investing $200,000 in a temperature controlled storage room. The company plans on renting space in the storage room to customers and expects to generate $60,000 annually for 5 years. What is the approximate IRR for this investment? (5 points)

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