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Posted on Aug 06, 2024

Twice your money back, yes twice! says the advertisement, If you believed it and invested $ 1 0 0 0 and the firm promised you

Twice your money back, yes twice!" says the advertisement, If you believed it and invested $

1000

and the firm promised you eight equal installments of $

250

and you are borrowing money from a secondary lender at

13 %,

what is your IRR?

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