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Mr. Lapus has an investment opportunity amounting to Php300,000 and it is expected to yield net cash inflows of Php75,000 annually for six years. The

Mr. Lapus has an investment opportunity amounting to Php300,000 and it is expected to yield net cash inflows of Php75,000 annually for six years. The IRR of the investment is between

Group of answer choices:

10 and 12%

16% and 18%

14% and 16%

12% and 14%

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