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An investment firm is selling a new product that will pay $100at the end of each of the next 20 years. If the new investment

An investment firm is selling a new product that will pay $100at the end of each of the next 20 years. If the new investment costs $1,246 to p rate of return (IRR)? O a.5% O b. 3% O c. 7% d. 11% e.9%

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