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An investor expects the following annual cash flows from a property with a $2.15 million purchase price financed in part with a mortgage loan for

An investor expects the following annual cash flows from a property with a $2.15 million purchase price financed in part with a mortgage loan for $1.5 million. What is the expected IRR of this deal? Enter your answer as a whole number rounded to 2 decimal places.

$60,000

$70,000

$80,000

$87,000

$93,000

$99,000

$105,000 + $740,000

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