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The new CEO of a high-tech incubator company wants to entice venture capitalists by promising a growth rate of 44% per year for at least

The new CEO of a high-tech incubator company wants to entice venture capitalists by promising a growth rate of 44% per year for at least 3 years. Therefore, the company's MARR was set at that value. If this ROR was actually realized, but the CEO did not account for the observed 9.1% per year inflation rate, what was the real growth rate? The real growth rate was per year

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