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you are offered a chance to buy an asset for $4500 that is expected to produce cash flow of $750 at the end of year
you are offered a chance to buy an asset for $4500 that is expected to produce cash flow of $750 at the end of year 1, $1000 at the end of year 2, $850 at the end of year 3, and $3650 at the end of year 4. What rate of return would you earn if you bough this asset?
Answer should be between 5.08 and 22.48
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