An investment opportunity requires an immediate cash outlay of $45,000, and then an $80,000 cash outlay two years from now. Net returns of $10,000, $30,000, and $125,000 are expected at the end of each of the next three years, respectively.
-What is this investment's internal rate of return?
A) 12.00%
B) 13.93%
C) 14.67%
D) 20.74%
E) 75.59%
Correct Answer:
Verified
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