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An Initial Investment of $40,000 Fifty Years Ago Is Worth

Question 106

Multiple Choice

An initial investment of $40,000 fifty years ago is worth $1,822,222 today. What is the geometric average return on this investment?

A) 7.47%
B) 7.94%
C) 9.25%
D) 9.50%
E) 11.08%

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