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(Ignore income taxes in this problem.) An investment of P dollars now will yield cash inflows of $3,000 at the end of the first year

(Ignore income taxes in this problem.) An investment of P dollars now will yield cash inflows of $3,000 at the end of the first year and $2,000 at the end of the fourth year. If the internal rate of return for this investment is 20%, then the value of P is: a. $3,463 b. $2,499 c. $964 d. $4,185

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