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You are considering investing in a startminusup project at a cost of $ 1 0 0 , 0 0 0 . You expect the project

You are considering investing in a startminusup project at a cost of $100,000. You expect the project to return $500,000 to you in seven years. Given the risk of this project, your cost of capital is20%.
The IRR for this project is closest to:

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