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An investment requires an initial investment of $38,900 and produces a cash inflow of $10,000 every year for 5 years. The approximate IRR of this

An investment requires an initial investment of $38,900 and produces a cash inflow of $10,000 every year for 5 years. The approximate IRR of this investment is:. Single choice.

26%

9%

11%

7%

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