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You are considering an investment in a 10-year annuity. At the end of each year for the next 10 years you will receive cash

You are considering an investment in a 10-year annuity. At the end of each year for the next 10 years you will receive cash flows of $25,000. The initial investment is $200,000. What rate of return (annual compounding) are you expecting from this investment approximately?

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