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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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