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An investment is expected to generate net operating cash inflows of $25,000 per year for each of the next 5 years. If the initial amount
An investment is expected to generate net operating cash inflows of $25,000 per year for each
of the next 5 years. If the initial amount invested is $101,000, which of the following is closest to
the internal rate of return?
A) 24.8%
B) 6.5%
C) 4.0%
D) 7.5%
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