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What is the internal rate of return(IRR) of an investment that requires an initial investment of $9,000 today and pays $12,240 in oneyear's time? A.
What is the internal rate of return(IRR) of an investment that requires an initial investment of $9,000 today and pays $12,240 in oneyear's time?
A.
37%
B.
36%
C.
35%
D.
39%
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