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Hugh Kendrick is considering three different investments: (a)One paying 7% compounded quarterly. (b)One paying 7.1% compounded annually. (c)One paying 6.9% compounded continuously. Which has the

Hugh Kendrick is considering three different investments:

(a)One paying 7% compounded quarterly.

(b)One paying 7.1% compounded annually.

(c)One paying 6.9% compounded continuously.

Which has the highest IRR?

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