What is the internal rate of return (IRR) of an investment that requires an initial investment of $11,000 today and pays $15,400 in one year's time?
A) 37%
B) 44%
C) 43%
D) 40%
Correct Answer:
Verified
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Q49: Which of the following statements is FALSE?
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Q50: Use the information for the question(s) below.
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Q54: Use the information for the question(s) below.
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Q58: Which of the following statements is FALSE?
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