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please solve parts a and b Suppose you invest $2,000 today and recolve $10,000 in five years. a. What is the internal rate of retum

please solve parts a and b image text in transcribed
Suppose you invest $2,000 today and recolve $10,000 in five years. a. What is the internal rate of retum (IRR) of this opportunity? b. Suppose another investment opportunity also requires $2,000 uptront, but pays an equal amount at the end of each year for the next five years. If this investment has the same IRR as the first one, what is the amount you will receive each yoar? a. What is the internal rate of retum (IRR) of this opportunity? The IRR of this opportunity is \%. (Round to two decimal places.)

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