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Your father paid $10,000 (CF at t = 0) for an investment that promises to pay $750 at the end of each of the next
Your father paid $10,000 (CF at t = 0) for an investment that promises to pay $750 at the end of each of the next 5 years, then an additional lump sum payment of $14,500 at the end of the 5th year. What is the expected rate of return on this investment? Group of answer choices 14.27% 9.50% 16.42% 14.73% 15.17%
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