Question: Same project: a $ 1 0 , 0 0 0 investment today and will earn annual cash flows of $ 2 , 0 0 0

Same project: a $10,000 investment today and will earn annual cash flows of $2,000 for 8 years (beginning next year). What is the projects IRR?
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a
11.8%
b
12.3%
c
12.8%
d
13.3%
e
13.8%

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