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PLEASE SHOW WITH CALCULATIONS . CAN GET THE FORMULA BUT DONT KNOW HOW TO IMPLEMENT CALCULATION Problem 4 {Question Value: 2}. What is the IRR

image text in transcribedPLEASE SHOW WITH CALCULATIONS . CAN GET THE FORMULA BUT DONT KNOW HOW TO IMPLEMENT CALCULATION

Problem 4 \{Question Value: 2}. What is the IRR for a $975 investment that returns $200 at the end of each of the next 2 years (Perform all calculations using 5 significant figures and round your answer to two decimal places)? Answer: %[2/2] (Please note that you may retry this assignment up to 5 times. You will have to click "Submit Assignment" after each attempt of the entire assignment and immediately after you do you will be able to view some Assignment Feedback (often including question solutions) using the 'View Details' button in the bottom right of the screen. The grade of your best attempt for the entire assignment is the one that will be recorded for this assignment.)

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