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is my answer correct WG Investors is looking at the following investment...

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WG Investors is looking at the following investment opportunities: Investment one is a five-year investment with a cost of $320 and a promised payout of $640 at maturity. What is the effective annual return for investment one? (answer in percentage, round to two decimal places, for example, if answer is 12.34% then type 12.34) 1486

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