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Five years ago you invested $3,000 into a small equity stake in a windfarm in the high desert. Last week you were contacted by the
Five years ago you invested $3,000 into a small equity stake in a windfarm in the high desert. Last week you were contacted by the company offering to buy your equity stake at a price of $10,000. You accepted and they sent you the $10,000. What was the geometric average annual return you earned on this investment?
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