First, my apologies for not reading your post carefully. I was thinking bimolecular reaction but I see this is basically a unimolecular reaction. You still need to define what completion means, but I see you did it, 97%, so good.
You can express the concentration as a function of time, based on initial concentration (A0), using the equation
[tex]A_t = A_0*e^{-kt}[/tex]
The nice thing here is that the units of your concentrations don't really matter if you are expressing this as a function of % consumption. If you want 97% completion, then A/A0 = 0.03), because at 97% completion there is only 3% left. The units on k for a first order reaction are inverse seconds.
So, plug and chug, I got 1916 s, or about 30 minutes. Looks like this is more or less what you got, but you are many orders of magnitude off. So, it's got to just be a calculation error somewhere. Check your math.
Note that if you put a 100% conversion in, A/A0 = 0. The expression becomes undefined as it is impossible to solve for ln(0). Which basically means the reaction theoretically never reaches 100% conversion, even for a unimolecular reaction (assuming the number of reacting molecules approaches infinity). There's a physical, statistical reason for this that relates to the continuous distribution of decay times. Anyway. Don't be surprised if your real reaction time doesn't match the theoretical time, but maybe it provides a rough guide.
EDIT. I think I see what the problem is. Sorry for briefly deleting my post, butI read yours again and saw you had the rate constant listed as 1.83 x 103 s-1.When I solved this, I used 1.83 x 10-3 s-1, getting a calculated reaction time that makes more sense. If I use your value, I also got what you got, and that answer I agree doesn't make sense. I looked at the link you provided to the paper, and saw that the tabulated value lists the k value as 1.83, but it calls it "k x 103 (sec-1)". This is a thing you see a lot that I really hate, because it causes a lot of confusion. If k x 103 = 1.83 sec-1, then k = 1.83 x 10-3 sec-1. It's easy to mistakenly interpret it as the unit being x103 sec-1. Does that make sense?