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The rate of return on an investment of $1500 that doubles in value over a 4-year period, and produces a $300 annual cash flow, is

The rate of return on an investment of $1500 that doubles in value over a 4-year period, and produces a $300 annual cash flow, is nearest to which value? (a) 15% (b) 20% (c) 25% (d) 30%

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