A real estate investment is available at an initial cash outlay of $7,500 and is expected to yield cash flows of $3,338.81 per year for five years.

A real estate investment is available at an initial cash outlay of $7,500 and is expected to yield cash flows of $3,338.81 per year for five years. What is the internal rate of return? Please explain how you came up with this answer what tools or calculations did you use?

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