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Use the following information to answer the question(s) below.
You are considering investing in a start-up project at a cost of $100,000.You expect the project to return $500,000 to you in seven years.Given the risk of this project,your cost of capital is 20%.
-The IRR for this project is closest to:
Austro-Prussian War
A conflict between Austria and Prussia in 1866 that resulted in Prussia's dominance over the German states.
Napoleon III
Napoleon III, the nephew of Napoleon I, was the Emperor of the French from 1852 to 1870, known for his expansion of the French empire and his role in the unification of Italy.
France
A country in Western Europe known for its rich history, cultural influence, and significant roles in both European and world affairs from the medieval period to the modern day.
Giovanni Giolitti
An influential Italian statesman and Prime Minister, known for his leadership in the early 20th century and efforts to balance the interests of various social groups.
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