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You invest $9,322 in stock and receive $ 98, $ 106, $ 106, and $98 in dividends over the following 4 years. At the end
You invest $9,322 in stock and receive $ 98, $ 106, $ 106, and $98 in dividends over the following 4 years. At the end of the 4 years, you sell the stock for $12,100. What was the IRR on this investment?
The IRR on this investment is %. (Round to the nearest whole percent.)
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