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A project has an initial investment of $1000 and generates $100 at the end of the first year. At the end of the second year
A project has an initial investment of $1000 and generates $100 at the end of the first year. At the end of the second year the investment generates $50 and the initial investment of $1000 is received back as well. What is the internal rate of return of the investment:
A. 7.50%
B. 7.59%
C. 15.0%
D. 106%
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