q1 mbc investment company invest

Project Description:

1) mbc investment company invest $ 4,000,000 to clear a land for the purpose of setting a young trees, the trees will have 15 years perfect life.
after 15 years mbc will sell the land at an expected price of $8,000,000.
what is the mbc expected rate of return (interest rate)
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Project Stats:

Price Type: Negotiable

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