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What is the IRR of an investment that costs $19,250 and pays $5,500 a year for 5 years? 1. 12.92% 2. 13.20% 3. 17.75% 4.

What is the IRR of an investment that costs $19,250 and pays $5,500 a year for 5 years?

	1.	12.92%
	2.	13.20%
	3.	17.75%
	4.	25.20%
	5.	27.95%

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