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For this question, and the next one (three in all), Frozenentyme, Fierce, Penner & Smythe, the big brokerage firm, has offered to sell you an investment that will pay you $2,000 each year for the next 25 years. The first payment will be one year after you buy the investment.
If their price is actually $25,000 for the investment, what rate of return will you be getting if you should buy this investment today?
NOTE: Please make sure to enter your answer as a percentage. That is, for ten percent enter: 10 or 10.00, etc. Do NOT use the "%" sign, and do not enter as a decimal ("0.100"). Also, do not use any other punctuation.
Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..
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