Calculate
the IRR for the following investment project: initial investment is
$75,000; inflows are $20,000 for the next five years; required rate of
return is 15%. (Round your answer to the nearest whole percentage)
a. 10%
b. 11%
c. 12%
d. 13%
a. 10%
b. 11%
c. 12%
d. 13%
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