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You invest $1879 immediately for 6 years. The inflation rate is 5%. At the end of 6 years, you receive $4070 in actual (year-6) dollars.

"You invest $1879 immediately for 6 years. The inflation rate is 5%. At the end of 6 years, you receive $4070 in actual (year-6) dollars. What is the interest-free internal rate of return (i.e., IRR')? Express your answer as a percentage."

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