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A project requires an immediate payment of 1,000 and will produce a single payment of 2,445 in four years' time. The project's internal rate of

A project requires an immediate payment of 1,000 and will produce a single payment of 2,445 in four years' time. The project's internal rate of return is approximately: a. 12% b. 19% C. 21% d. 25%

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