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Safe investment requires $1000 investment today and you will get $500 in two years and $750 in five years. 1)What is the IRR of this

Safe investment requires $1000 investment today and you will get $500 in two years and $750 in five years.

1)What is the IRR of this investment ____% (round to two decimal places)

2)If a bank offers an EAR of 5% per yearis the safe investment a better choice or the banks offer ________.

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