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Project P requires a contribution of $4,505.33 at time 0. The investment returns $2,000 at time 1 and $4,000 at time 2. Project Q requires

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Project P requires a contribution of $4,505.33 at time 0. The investment returns $2,000 at time 1 and $4,000 at time 2. Project Q requires a contribution of $X at time 2. The investment returns $2,000 at time 0 and $4,000 at time 1. Given that the net present value of the two investments are equal at an annual effective interest rate of 10%, calculate X. Calculate the IRR of project P

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