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Assume an individual makes a lump sum investment at the beginning of year one of $307,000. The expected return on this investment (received at each

Assume an individual makes a lump sum investment at the beginning of year one of $307,000. The expected return on this investment (received at each year-end) is as follows.

Year 1: 142,300

Year 2: 126,800

Year 3: 133,200

Year 4: 198,700

What is the IRR of the investment under consideration?

Round the answer to two decimal places in percentage form. (Write the percentage sign in the "units" box)

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