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has invested $200,000 into an 6 year investment which guarantees a payoff of $350,000 at the end of the period. What is the implied annual

has invested $200,000 into an 6 year investment which guarantees a payoff of $350,000 at the end of the period. What is the implied annual percentage rate of return on this investment? a. 5.77 % b. 8.72% c. 11.22 % d. 3.33 % e. 9.78 %

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