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An investment of $50000 is made at time t=0. The investment yields returns (payments) of $27000 at time t=1 and $30000 at time t=2. Determine

An investment of $50000 is made at time t=0. The investment yields returns (payments) of $27000 at time t=1 and $30000 at time t=2. Determine the Internal Rate of Return. Hint: you will need to solve a quadratic equation. Round your answer to three decimal places.

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