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Internal rate of return of this project

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Reference no: EM131660662

1. Nielson Motors is considering an opportunity that requires an investment of $1,000,000 today and will provide $250,000 one year from now, $450,000 two years from now, and $650,000 three years from now. The internal rate of return of this project is closest to:

10.2%

12.2%

16.2%

14.2%

Reference no: EM131660662

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