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You are considering investing in a project. The project will bring in $100,000 to you today. You are required to pay out $253,690 after seven
You are considering investing in a project. The project will bring in $100,000 to you today. You are required to pay out $253,690 after seven years. Given the risk of this project, the cost of capital (r) is 20%. The IRR for this project is closest to: ___.
25.85%
16.79%
18.99%
or
14.22%
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