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A project has a NPV of +60,000 dollars at the interest rate of 8%. A NPV of 30,000 dollars is realised at an interest rate
A project has a NPV of +60,000 dollars at the interest rate of 8%. A NPV of 30,000 dollars is realised at an interest rate of 10%. What is the IRR when calculated using the linear interpolation method? Select the best answer from the options listed below. a. 9.33% b. 8.67% c. 9% d. 9.67%
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