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Quick Check (1 year example) . An real estate investment opportunity requires a payment of $200,000 cash now and will give a profit of $40,000

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Quick Check (1 year example) . An real estate investment opportunity requires a payment of $200,000 cash now and will give a profit of $40,000 in one year (i.e. the real estate will be sold for $240,000) . What is the internal rate of return? A. 10% B. 20% C. 30% D 40%

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