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For a certain project, the net present value at a discount rate of 15% is OMR 30,600, and at a rate of 18% the net

For a certain project, the net present value at a discount rate of 15% is OMR 30,600, and at a rate of 18% the net present value is OMR - 10,300. What is the internal rate of return of the project?

a) 16.6%

b)16.5%

c) 15.7%

d) 17.2%

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