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Microwave Oven Programming, Inc. is considering the construction of a new plant. The plant has a net cost of 5 million in Year 0 (today),

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Microwave Oven Programming, Inc. is considering the construction of a new plant. The plant has a net cost of 5 million in Year 0 (today), and it will provide net cash inflows of $1 million at the at the end of year 1, $1.5 million at the end of year 2, and $2 million at the end of year 3 through 5. What is the plant's IRR? A. 14.33% B. 15.64% C. 16.50% D. 17.01% E. 18.37%

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