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You are considering investing in a startup project. You dont need to pay anything today, but this project will cost you $150 in one year.

You are considering investing in a startup project.

You dont need to pay anything today, but this project will cost you $150 in one year. This project will create income of $470 to you in eight years.

The IRR for this project is closest to:

Select one:

A. 16.99%

B. 17.36%

C. 16.62%

D. 17.72%

E. 16.24%

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