Multiple Choice
You are considering an investment opportunity that will cost you $20,000 up front,but return $5,000 per year for the next 10 years.What is the IRR for this investment?
A) 21.4%
B) 250%
C) 20%
D) 25%
E) 22.5%
Correct Answer:

Verified
Correct Answer:
Verified
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