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CFA Level 1 Exam

3959 Questions

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Question No. 1

What is the annual Internal Rate of Return of this series of annual cash flows: Year 0: <$25,000>, Year 1:

$5,000, Year 2: $0, Year 3: $30,000? (Note that the <> are used to indicate a negative number).
Choose the correct option from the given list.
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