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You invest $10,000 today in an investment that returns $5,000 the first year, then $6,000 the second year, and finally $8,000 the third and final
You invest $10,000 today in an investment that returns $5,000 the first year, then $6,000 the second year, and finally $8,000 the third and final year. What annual rate of return did you earn on this investment?
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Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Gordon Roberts, Hamdi Driss
8th Canadian Edition
01259270114, 9781259270116
