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THE INVESTMENT COSTS 725$* An investment cots $ and is expected to produce cash flows of $75 at the end of Year 1, $100 at

image text in transcribedTHE INVESTMENT COSTS 725$*

An investment cots $ and is expected to produce cash flows of $75 at the end of Year 1, $100 at the end of Year 2, $85 at the end of Year 3, and $625 at the end of year 4 What rate of retum would you eam if you bought this investment? % (Round your answer to two decimal places, i.e. XXXX%.)

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