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A $1 investment made 10%, 20%, 30%, 10%, and 15% p.a returns in the first five years. What is the constant annual return for the five-year period that would have resulted in the same outcome at the end of Year 5 with compounded interest

A 16.77%

B 17.27%

C16.27%

D 15.77%

Financial Management, Finance

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