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What is the rate of return on an investment (IRR) of $18,000 if the company expects to receive $2,500 per year for the next 9

What is the rate of return on an investment (IRR) of $18,000 if the company expects to receive $2,500 per year for the next 9 years?

Answers:

5.17%

3.01%

4.71%

3.44%

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