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(a) An investment has an expected annual return of 8%. How many years will it take before the investment has doubled in value? (b) You

(a) An investment has an expected annual return of 8%. How many years will it take before the investment has doubled in value? (b) You invest NOK 137,800 in a hedge fund with an expected annual return of 12%. What is expected final value of this placement after nine years?

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