Question: You are considering a project which has a set up cost of $4,895, and which yields $1,500, $2,000, and $2,500 at the end of the

You are considering a project which has a set up cost of $4,895, and which yields $1,500, $2,000, and $2,500 at the end of the first, second, and third years after set-up. What is the internal rate of return on this project (Hint: trial and error)

	a.	5%
	b.	10%
	c.	15%

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