Washington-pacific invests 4 million to clear a tract of, Ask an Expert

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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 to the nearest percentage?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92167408

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