Francisco d'Anconia is considering an investment opportunity that costs $10,000 today and will pay $11,500 in two years. The IRR of this opportunity is closest to:

Francisco d'Anconia is considering an investment opportunity that costs $10,000 today and will pay $11,500 in two years. The IRR of this opportunity is closest to:



A) 7.25%
B) 7.50%
C) 10.00%
D) 15.00%


Answer: A) IRR= blank - 1= .072381


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