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You have an investment opportunity that requires an initial investment of $8,500 today and will pay 11,000 in one year. What is the IRR of

You have an investment opportunity that requires an initial investment of

$8,500 today and will pay 11,000 in one year.

What is the IRR of this opportunity?

The internal rate of return (IRR) is %

(Round to the nearest whole percentage.)

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