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5 pts Question 13 Bill paid $10,000 (at CFO) for an investment that promises to pay $750 at the end of each of the next 5 yea
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The expected rate of return is calculated in excel with $10,000 as present value, $750 as annual payment for 5 years and $13250 as future value of the investment.

Book2 - Excel Sign in File Home Insert Page Layout Formulas Data Review View Help Search & Share If I AutoSum Calibri 12 - A

Therefore, the expected rate of return is 12.56%

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