15

You are offered a chance to buy an asset for $4,500 that is expected to produce cash flows of $750 at the end of Year 1,$1,000 at the end of Year 2, $850 at the end of Year 3, and $3,450 at the end of Year 4 . What rate of return would you earn if you bought this asset? Your answer should be between 5.08 and 22.48, rounded to 2 decimal places, with no special characters