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The Town Pool is considering investing $3,300 today in a popcorn maker. The annual cash profits from the machine will be $500 for each of

The Town Pool is considering investing $3,300 today in a popcorn maker. The annual cash profits from the machine will be $500 for each of the 10 years of its useful life. What is the IRR on the investment? Select one: a. .07 b..08 c. .09 ^\ d. Cannot tell with the information provided

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