You have an investment opportunity that requires an initial investment of $2400 today and will pay $3800

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You have an investment opportunity that requires an initial investment of $2400 today and will pay $3800 in one year. What is the rate of return of this opportunity?

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Fundamentals Of Corporate Finance

ISBN: 9781292437156

5th Global Edition

Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford

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