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An investment promises a payout of $10,000 at the end of each year for the coming 5 years. However, this investment is selling for $40,000

An investment promises a payout of $10,000 at the end of each year for the coming 5 years. However, this investment is selling for $40,000 today. What is the rate of return this investment is offering?

A.27.88%

B. 7.93%

C. 8.47%

D. 29.09%

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