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Sam's toy shop is considering an new line of business. The initial investment is $15000. The expected cash flows are $5000, $2500, $3200 and $4600.

Sam's toy shop is considering an new line of business.

The initial investment is $15000. The expected cash flows are $5000, $2500, $3200 and $4600.

Calculate the IRR.

A. .8025

B. 80.25

C. 8.025

D. 7.35

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