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A project requires an initial investment of $10,000, will last for three years at the end of which it will return in net annual cash

A project requires an initial investment of $10,000, will last for three years at the end of which it will return in net annual cash flows $2,000; $4,000; and $6,000 respectively. If the company's cost of capital is 7.5%, then the internal rate of return for this project is:

A. 20%

B.8.21%

C. 151.56$

D. 12%

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