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A new transmission in your truck will cost $5,500.00. Luckily, it should recude maintenance expense by $3,650.00 each year for the next 10 years. What

A new transmission in your truck will cost $5,500.00. Luckily, it should recude maintenance expense by $3,650.00 each year for the next 10 years. What is the IRR of the transmission?

62.45%
67.09%
63.22%
60.08%
65.94%

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