You invest 150000 today and receive quarterly annuity


You invest $150,000 today and receive quarterly annuity payments in arrears for 10 years in the amount of $3,000. What is the annual rate of return being earned? (Round your IRR answer to 3 decimal palces (e.g., 32.165)

IRR   %

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Financial Management: You invest 150000 today and receive quarterly annuity
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