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You bought a racehorse that has had a winning streak for four years, bringing in $500,000 at the end of each year before dying of
You bought a racehorse that has had a winning streak for four years, bringing in $500,000 at the end of each year before dying of a heart attack. If you paid $1,518,675 for the horse 4 years ago, what was your annual return over this 4-year period? Please break down how to calculate this
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