Question
You are offered an investment that will give you $29278 in 9 years in exchange for $8048 today. What is your expected rate of return
You are offered an investment that will give you $29278 in 9 years in exchange for $8048 today. What is your expected rate of return on this investment? (round to 2 decimal places in percentage terms..for example 9.22 for 9.22 percent)
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CFIN
Authors: Scott Besley, Eugene Brigham
5th edition
1305661656, 9781305888036 , 978-1305666870
