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Consider a project that costs your $3000 up front. It earns nothing in its first year. It earns $6000 in its second year and then it loses $730 in its third year. The project has a MARR of 9%. What is the IRR of the project described?

Question 5 options:

32-32.5%

32.5-33%

33-33.5%

33.5-34%

34-34.5%

None of the above