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Below is a table for the present value of $1: Year 6% 10% 1 .943 909 2 890 .826 3 .840 .751 4 .792 .683

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Below is a table for the present value of $1: Year 6% 10% 1 .943 909 2 890 .826 3 .840 .751 4 .792 .683 5 .747 .621 Below is a table for the present value of an annuity of $1: Year 6% 10% 12% 1 .943 .909 .893 2 1.833 1.736 1.69 3 2.673 2.487 2.402 4 3.465 3.17 3,037 5 4.212 3.791 3.605 12% .893 .797 .712 .636 567 Using the tables above, what would be the internal rate of return (IRR) of an investment of $242,550 and would generate an annual cash inflows of $70,000 and annual net incomes of $79,766.22 for the next 4 years? 6% 12% O cannot be determined from the data given. O 10%

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