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You made an investment of $17,000 into an account that paid you an annual interest rate of 4 percent for the first 6 years and
You made an investment of $17,000 into an account that paid you an annual interest rate of 4 percent for the first 6 years and 8.4 percent for the next 9 years. What was your annual rate of return over the entire 15 years? Multiple Choice 7.35% 6.20% 6.62% 5.29% 5.96%
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Elements Of Financial Risk Management
Authors: Peter Christoffersen
2nd Edition
0128102357, 9780128102350
