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An individual is considering four different investment projects: Investment IRR Payback Years Simple Rate of Return A 15% 9 10% B 14% 7 13% C

An individual is considering four different investment projects:

Investment IRR Payback Years Simple Rate of Return

A 15% 9 10%

B 14% 7 13%

C 12% 6 11%

D 10% 5 12%

Which investment project should the person choose based on internal rate of return (IRR)?

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