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Which of the following comes closest to the internal rate of return (IRR) of a project that requires an initial investment of $100 and produces

Which of the following comes closest to the internal rate of return (IRR) of a project that requires an initial investment of $100 and produces a single cash flow of $150 at the end of year 7? 6.99% 10.67% 8.45% 1.50% 5.96%

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