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?
A) 19.92%
B) 22.87%
C) 26.72%
D) 22.64%
E) 16.98%

Question

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You Are Offered a Chance to Buy an Asset for $4,500