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3. Assume that at the beginning of the year, you purchase an investment for $8.500 that pays $162 annual income. Also assume the investment's value

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3. Assume that at the beginning of the year, you purchase an investment for $8.500 that pays $162 annual income. Also assume the investment's value has decreased to $8,050 by the end of the year (a) What is the rate of return for this investment? (Input the amount as a positive value. Enter your answer as a percent rounded to 2 decimal places) 10 + Rate of return

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