Which investment has the highest IRR? Assume each investment occurs today and that the first cash...
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Which investment has the highest IRR? Assume each investment occurs today and that the first cash flow from each investment arrives one year from today. A. Invest $2,334 today and receive $600 per year for 5 years B. Invest $2,056 today and receive $500 per year for 6 years C. Invest $1,947 today and receive $400 per year for 7 years D. Invest $2,727 today and receive $300 per year forever Which investment has the highest IRR? Assume each investment occurs today and that the first cash flow from each investment arrives one year from today. A. Invest $2,334 today and receive $600 per year for 5 years B. Invest $2,056 today and receive $500 per year for 6 years C. Invest $1,947 today and receive $400 per year for 7 years D. Invest $2,727 today and receive $300 per year forever
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