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Asset A was purchased six months ago for $23,000 and has generated $1,300 cash flow during that period. What is the asset's rate of return
Asset A was purchased six months ago for $23,000 and has generated $1,300 cash flow during that period. What is the asset's rate of return if it can be sold for $25,750 today?
a. 35.22%
b. 17.61%
c. 10.85%
d. 8.61%
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