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  • 19-04-2024
  • Business
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If you invest $8,800, what is your rate of return if you will receive the following cash flows at the end of these years: Yr. 1 $1,000; Yr. 2 $1,100; Yr. 3 $1,200; Yr. 4 $1,300; Yr. 5 $4,700?

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