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Bill paid $10,000 ( atCFP ) for an investment that promises to pay $750 at the end of each of the next 5 years, then
Bill paid $10,000 ( atCFP ) for an investment that promises to pay $750 at the end of each of the next 5 years, then an additional lump sum payment of $16,550 at the end of the 5th year. What is the excepted rate of return on this investment ?
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