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You have an investment opportunity that requires an upfront cost of $10,000 today, but offers a payment of $1,000 in one year. Furthermore, this stream
You have an investment opportunity that requires an upfront cost of $10,000 today, but offers a payment of $1,000 in one year. Furthermore, this stream of payments increase at a rate of 5% per year forever. What is the internal rate of return (IRR) for this investment opportunity? 110% 16% 15% 10%
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