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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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