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You are offered an asset costing $1,200 that has cash flows of $200 at the end of each of the next 10 years. What is

You are offered an asset costing $1,200 that has cash flows of $200 at the end of each of the next 10 years. What is the IRR of the asset? Multiple Choice 10,56%, 12% 0. 5.56%. 8x

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