[Solved] question 1 Papermill invests 4 mio euros

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question 1 Papermill invests 4 mio euros to clean a piece of land and plans to plant pine trees there. Pines will grow 10 years

question 1

Papermill invests 4 mio euros to clean a piece of land and plans to plant pine trees there. Pines will grow 10 years after which they are worth about 8 mio euros. What is the rate of return of this investment?

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