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P4.13 (similar to) You invest $7,770 in stock and receive $82, $88, $88, and $82 in dividends over the following 4 years. At the end
P4.13 (similar to) You invest $7,770 in stock and receive $82, $88, $88, and $82 in dividends over the following 4 years. At the end of the 4 years, you sell the stock for $9,800. What was the IRR on this investment? The IRR on this investment is | %. (Round to the nearest whole percent.)
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