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Washington-pacific invests 4 million to clear a tract of

Washington-Pacific invests $4 million to clear a tract of land and to set out some young pine trees. The trees will mature in 10 years, at which time Washington-Pacific plans to sell the forest at an expected price of $8 million. What is Washington- Pacific's expected rate of return?

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Finance Basics: Washington-pacific invests 4 million to clear a tract of

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