How did return requirment of 4.427% came.
2nd CLR TVM
PV=-1235000 FV=2000000 N=18 PMT=26000 CPT i/Y
4.427%
Salary after tax = 48000
Expenses = 74000
From portfolio = 74000-48000 = 26000
FV=$2,000,000
PV = 900,000+5,000+160,000+220,000-30,000-20,000 = 1,235,000
N=18
PMT=26,000
Calc I/Y=4.427
thanks