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An investment costs $80,000 today and is expected to produce a one-time inflow at the end of year 9 of 370,000. The IRR of this

An investment costs $80,000 today and is expected to produce a one-time inflow at the end of year 9 of 370,000. The IRR of this project is

a. 8.34% b. 9.23% c. 6.47% d. 11.73%

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