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Calculate the IRR for the following investment project: Initial investment is $75,000; inflows are $20,000 for the next five years; Required rate of return is

Calculate the IRR for the following investment project: Initial investment is $75,000; inflows are $20,000 for the next five years; Required rate of return is 15%. (Round your answer to the nearest whole percentage) A) 10% B) 12% C) 14% D) 9%

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