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You buy vacant land for $ 1 3 , 0 0 0 / acre and after 1 0 years sell 5 0 % of it

You buy vacant land for $13,000/acre and after 10 years sell 50% of it at $130,000/acre and the remaining 50% after 20 years at $260,000/acre, assuming no other holding costs what is your IRR rounded to nearest whole percent (Hint: use Excel IRR function)?

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