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1a) what is the internal rate of return for a project with an initial outlay of $10,000 that is expected to generate cash flows of $2,000 per year for 7 years?
A) 7.256%
B) 9.196%
C) 4.261%
D) 11.325%
1b) A stock split will cause a change in the total dollar amounts shown in which of the following balance sheet accounts?
A) Common Stock
B) Retained Earnings
C) Cash
D) Paid in capital
E) None of the above
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