INTERMEDIATE FINANCIAL MGMT.-W/MINDTAP
14th Edition
ISBN: 9780357533598
Author: Brigham
Publisher: CENGAGE L
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An investment that is worth $44,600 is expected to pay you $212,205 in X years and has an expected return of 18.05 percent per year.
What is X?
An investment that is worth $27,200 is expected to pay you $62,280 in 5 years and has an expected return of X percent per year.
What is X?
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