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you are evaluating an investment that requires $2,000 upfront and pays $500 at the end of each of the first 2 years and an additional
you are evaluating an investment that requires $2,000 upfront and pays $500 at the end of each of the first 2 years and an additional lump sum of $1000 at the end of year 2. What would happen to the IRR if the annual payment at the end of the first year go down from $500 to $300 and the annual payment at the end of the second year stays at $500?
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