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Caribbean-Pacific invested $4.5 million to buy a tract of land in Guyana and plant some young pine trees. The trees can be harvested in 10

Caribbean-Pacific invested $4.5 million to buy a tract of land in Guyana and plant some young pine trees. The trees can be harvested in 10 years, at which time the company plans to sell the forest at an expected price of $9.2 million. What is the companys expected rate of return?

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