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You invest $5,155 in a stock at the beginning of 2019, and receive dividends of $50 (2019), $55 (2020), $60 (2021) and $65 (2022) over
You invest $5,155 in a stock at the beginning of 2019, and receive dividends of $50 (2019), $55 (2020), $60 (2021) and $65 (2022) over the following four years. At the end of 2022, you sell the stock for $5,300. What was the IRR on this investment? (Assume all dividends were received at the end of the year)
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