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You are offered a chance to buy an asset for 7250 that is

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You are offered a chance to buy an asset for $7,250 that is expected to produce cash flows of $750 at the end of Year 1, $1,000 at the end of Year 2, $850 at the end of Year3 , and $6,250 at the end of Year. What rate of return would you earn if you bought this asset?

Reference no: EM13567383

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