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Your investment advisor has offered you an investment that will provide you with one cash flow of $10,000 at the end of 20 years if
Your investment advisor has offered you an investment that will provide you with one cash flow of $10,000 at the end of 20 years if you pay premiums of $200 per year at the end of each year for 20 years. Find the internal rate of return (IRR) on this investment.
Please show work and do not use excel!
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