You are offered a chance to buy an asset for $4,500 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 year 3, and $6,250 at the end of

You are offered a chance to buy an asset for $4,500 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 year 3, and $6,250 at the end of year 4. what rate of return would you earn if you bought this asset?

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