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You are managing the investment portfolio of a retirement plan. The expectation is to receive 5 0 million USD annually ( at the end of
You are managing the investment portfolio of a retirement plan. The expectation is to receive
million USD annually at the end of each year during years, in some distant future. You found
an attractive infrastructure investment that yields annual interest and decided to deposit
million USD every year including the year the retirement plan will start paying to its
beneficiaries How many years do you have to invest to get the expected return?
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