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Rachel plans to open a coffee shop with her friends. After the initial investment, the project...

Rachel plans to open a coffee shop with her friends. After the initial investment, the project will generate $1 million per year for the next five years, and offers the internal rate of return (IRR) of 15%. What is the project's initial investment?

3,352,155.10

5,000,000

4,213,154.20

4,250,000

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