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BUSINESS FINANCE II You have been offered a very long term investment opportunity to increase your money one hundredfold. You can invest $1000 today and

BUSINESS FINANCE II

You have been offered a very long term investment opportunity to increase your money one hundredfold. You can invest $1000 today and expect to receive $100,000 in 40 years. Your cost of capital for this (very risky) opportunity is 25%. What is the IRR rule for this investment?

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