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The Milken Company is offering you an investment that promises you $10,000 at the end...

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Accounting

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The Milken Company is offering you an investment that promises you $10,000 at the end of 12 years if you invest $5,734 today. What is the annual return on this investment? Compute your answer as a percent rounded to 2 decimal places. Record without a percent sign. For example, record .0848765=8.48765% as 8.49 . Your

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