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An investment of $350,000 is made, followed by income of $200,000 each year for three years. There is no residual value at the end of
An investment of $350,000 is made, followed by income of $200,000 each year for three years. There is no residual value at the end of three years. The IRR of the investment is nearest to: a. 15.3% b. 32.7% c. 41.7% d. 57.1%
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