What is the internal rate of return? of this? opportunity

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Question - Suppose you invest $2,000 today and receive $10,000 in five years.

a. What is the internal rate of return? (IRR) of this? opportunity?

b. Suppose another investment opportunity also requires $2,000 ?upfront, but pays an equal amount at the end of each year for the next five years. If this investment has the same IRR as the first? one, what is the amount you will receive each? year?

Reference no: EM132932907

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