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Which investment opportunity has a higher implied rate of return? Opportunity 1 = invest $1250 today, and get paid $1795 8 years from now Opportunity

  1. Which investment opportunity has a higher implied rate of return?
    1. Opportunity 1 = invest $1250 today, and get paid $1795 8 years from now
    2. Opportunity 2 = invest $705 today, and get paid $810 3 years from now

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