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You have invested $ 1 0 0 and have received $ 1 5 0 after 5 years i . e . your total return was

You have invested $100 and have received $150 after 5 years i.e. your total return was 50%. What is the annual yield that gives 50% return in a 5 year period? Show your calculations in detail (not excel) and choose one of the following: a.12% b.10% c.9.25% d.8.45%

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