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Business, 11.07.2019 04:30 dysany8876

Your father paid $10,000 (cf at t = 0) for an investment that promises to pay $750 at the end of each of the next 5 years, then an additional lump sum payment of $10,000 at the end of the 5th year. what is the expected rate of return on this investment? 7.88%

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