You are offered an investment opportunity with the guarantee that your investment will double in 5 years.
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You are offered an investment opportunity with the guarantee that your investment will double in 5 years. Assuming annual compounding, what annual rate of return would this investment provide?
Related Book For
Financial Analysis with Microsoft Excel
ISBN: 978-1285432274
7th edition
Authors: Timothy R. Mayes, Todd M. Shank
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