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    Fundamentals of Investing Study Set 3
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    Exam 4: Return and Risk
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    7 Years Ago, Nick Invested $7,000
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7 Years Ago, Nick Invested $7,000

Question 125

Question 125

Multiple Choice

7 years ago, Nick invested $7,000. Today his investment is worth $11,500. The internal rate of return on this investment is


A) 7.35%.
B) 9.18%.
C) 64.23%.
D) error 5.

Correct Answer:

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