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During the time thefirstimmigrants landed onUS soil, one could have bought a sizable island from the natives for $25. In 200 years the price of
During the time thefirstimmigrants landed onUS soil, one could have bought a sizable island from the natives for $25. In 200 years the price of such an island would have been $4.5 million. What rate of return would this investment make per year compounded yearly?
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