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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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