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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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