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A Project cost $10,000 and is expected to produce cash flows of $3,000 per year for 5 years. Calculate each projects IRR assuming a cost

A Project cost $10,000 and is expected to produce cash flows of $3,000 per year for 5 years. Calculate each projects IRR assuming a cost of capital of 12%

A

13.75

B

15.24

C

12.50

D

11.75

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