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Calculate annual rate of return
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What is the annual rate of return of a business with 5million initial capital investment over a period of 5years and with total net income of 11,503,299 over 25 years?
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http://www.theanswerb...e/Question951272.html
Did you mean to change the numbers slightly or have you mistyped it?
Have you covered this topic on your course?
What discount rate are you to use?