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Jed wants to borrow $1,000 from you. He is proposing to repay you with three annual payments of $300.93 starting one year from now. In

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Jed wants to borrow $1,000 from you. He is proposing to repay you with three annual payments of $300.93 starting one year from now. In addition, he will make a final lump-sum payment of $150 three years from today. What rate of return are you earning on the loan? What rate of return are you earning on the loan? | % (Round to two decimal places.)

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