The rate of return I would earn if you bought the asset is 16.91.
Internal rate of return is the discount rate that equates the after-tax cash flows from an investment to the amount invested. It is a capital budgeting method.
IRR can be calculated with a financial calculator
IRR = 16.91%
To learn more about the internal rate of return, please check: https://brainly.com/question/24172627