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Mandy is considering investing in an opportunity that would require an upfront cost of $510 but would pay $170 per year for each of the

Mandy is considering investing in an opportunity that would require an upfront cost of $510 but would pay $170 per year for each of the next 5 years. If Mandy chooses to invest in this opportunity, what would be the IRR?

Carry all interim calculations to 5 decimal places and then round your final answer to 1 decimal place. Should Mandy invest in this opportunity if her personal MARR is 18%?

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