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A local entrepreneur asks you to invest $ 1 7 comma 0 0 0 in a business venture. Based on your estimates, you would receive

A local entrepreneur asks you to invest $ 17 comma 000 in a business venture. Based on your estimates, you would receive nothing for 3years, at the end of year 4 you would receive $6 comma 128, and at the end of year 5 you would receive $ 19 comma 548. If your estimates are correct, what would be the IRR on this investment?

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