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I project that an investment will provide me with profits of $62,500 per year for the next ten years, and then I'll be able to
I project that an investment will provide me with profits of $62,500 per year for the next ten years, and then I'll be able to sell it to someone else for $250,000. This investment will require me to put in $535,000. What is the internal rate of return (IRR) for this investment? Give your answer as a percent rounded to two decimal places
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