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QUESTION 4 Lawrence owns two investments, A and B , that have a combined total value of $ 2 7 , 3 0 0 .

QUESTION 4Lawrence owns two investments, A and B, that have a combined total value of $27,300.00. Investment A is expected to pay $23,540.00 in 5 years from today and has the expected annual return for investment B?an expected return of 12.63 percent per year. Investment B is expected to pay $21,819.79 In 5 years from today and has an expected return of R per year. What Is R.8.80%(plus or minus 10bps)10.69%(plus or minus 10bps)11.12%(plus or minus 10bps)7.28%(plus or minus 10bps) none of the answers are within 10bps of the correct answer

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