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QUESTION
f a project in which you invest $6,000 today and receive $2,000 at the end of each of the next 5 years, followed by $1,000 at the end of the 6th year?...
What is the IRR of a project in which you invest $6,000 today and receive $2,000 at the end of each of the next 5 years, followed by $1,000 at the end of the 6th year?
a.16.55%
b.19.86%
c.20.16%
d.23.87%
e.None of the above
