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Problem 7-22 You buy a mutual fund for $1,000. It annually distributes $50 for seven years after which you sell the shares for $925. What

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Problem 7-22 You buy a mutual fund for $1,000. It annually distributes $50 for seven years after which you sell the shares for $925. What is the annualized return on your investment? Use Appendix B and Appendix D to answer the question. Round your answer to the nearest whole number 9

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