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A new security system has a price-tag of $7,500, but should save your company $3,275 each year for the next 10 years in reduced thefts.

A new security system has a price-tag of $7,500, but should save your company $3,275 each year for the next 10 years in reduced thefts. What is the IRR of the security system?

Group of answer choices

45.01%

38.25%

38.88%

44.98%

42.40%

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