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You invested $1000 in a stock portfolio 3 years ago. You contributed another $1000 1 year ago. The current value of the portfolio is $4000.

  1. You invested $1000 in a stock portfolio 3 years ago. You contributed another $1000 1 year ago. The current value of the portfolio is $4000. What is the rate of return (internal rate of return) of this investment?

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