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A financial asset will pay you $50,000 at the end of 20 years if you pay premiums of $975 per year at the end of
A financial asset will pay you $50,000 at the end of 20 years if you pay premiums of $975 per year at the end of each year for 20 years. What is the IRR of this financial asset?
8.64% | |
9.02% | |
10.51% | |
11.29% |
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