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Question 9 [5 points) Early last year, the Rebecka Growth Fund ran advertisements in the financial pages of major newspapers. The ad had primarily empty

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Question 9 [5 points) Early last year, the Rebecka Growth Fund ran advertisements in the financial pages of major newspapers. The "ad" had primarily empty space containing the simple message: $15,000 INVESTED IN REBECKAINVESTMENT GROWTH FUND ON DECEMBER 31, 1970 WOULD BE WORTH $7.90 MILLION ON DECEMBER 31, 2020 What annual rate of return did the fund realize over the period ending December 31 last year if interest was compounded quarterly? Note: Please make sure your fina answer(s) are in percentage form and are accurate to 2 decimal places. For example 34 56% Annual rate = 0.00 % SAVE AND

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