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Alex deposits $6658 today and is promised to receive a (one time) fixed payback of $7434 at the end of the 8th year. What is
Alex deposits $6658 today and is promised to receive a (one
time) fixed payback of $7434 at the end of the 8th year.
What is the implied annual rate of return?
The implied annual rate of return is
%
(Please retain at least 4 decimal places in your calculations
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Asset Allocation And International Investments
Authors: G. Gregoriou
1st Edition
023001917X,0230626513
