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Hollywood Co . is examining an investment that will pay $ 1 , 0 0 0 quarterly ( at the end of each period )

Hollywood Co. is examining an investment that will pay $1,000 quarterly (at the end of each period) for 10 years. At the end of 10 years, the investment will also pay a lump sum of $100,000. The PV of these cash flows is $72,644.52. What is the nominal annual rate for this investment?

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