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Question 1 1 pts 4.4a Solving for r (I/Y). Millie can purchase a security at a present price of $1.24 that will pay Millie $7.25

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Question 1 1 pts 4.4a Solving for r (I/Y). Millie can purchase a security at a present price of $1.24 that will pay Millie $7.25 after 11 years. What annual rate of return will Millie earn if the security is purchased? 19.3 % rate of return 17.4% rate of return 15.9 % rate of return 20.0 % rate of return 18.9 % rate of return

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