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Consider the following investment opportunity in a small four-unit apartment building named Lee Vista. If it is purchased by the investor for $464,480 and expects

Consider the following investment opportunity in a small four-unit apartment building named Lee Vista. If it is purchased by the investor for $464,480 and expects the following annual cash flows, what is the internal rate of return on this investment? CF1= 48,000; CF2=49,440; CF3= 50,923; CF4=52,451; CF5=614,025.

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