Question: Harry invests $ 7 5 immediately for 9 years. The inflation rate is 3 . 3 % . At the end of 9 years, Harry

"Harry invests $75 immediately for 9 years. The inflation rate is 3.3%. At the end of 9 years, Harry receives $213.91 in actual (year-9) dollars. What is the inflation-free internal rate of return?

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