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What is the IRR, to the nearest integer, of a project that requires an initial investment of $77,500 and has cash flows of $27,500 a
What is the IRR, to the nearest integer, of a project that requires an initial investment of $77,500 and has cash flows of $27,500 a year for the next 4 years?
a.12%
b.18%
c.16%
d.14%
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