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A small business promises a profit of $ 8 0 0 0 on an initial investment of $ 2 0 0 0 0 after 5

A small business promises a profit of $

8000

on an initial investment of $

20000

after

5

years

)

Calculate the internal rate of return.

)

Would you advise someone to invest in this business if the market rate is

6 %

com pounded annually?

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