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Nominal Value:$ 3 , 6 0 0 , 0 0 0 N = 2 years I = 1 0 % N . A . Q

Nominal Value:$ 3,600,000 N=2 years I=10% N.A.Q. CD Emission Date: 7/5/2023 Buy on: 8/5/2024 New Price:$3,550,000 What is the New internal rate of return?
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