urn on a property which you purchased 13 years ago for $ 981,400 and it pays you $ 53977 semi-annually if you sell the property for $ 2,002,056 today?…
What is the expected annual rate of return on a property which you purchased 13 years ago for $ 981,400 and it pays you $ 53977 semi-annually if you sell the property for $ 2,002,056 today? (Show your answer to two decimal places in percentage form. xx.xx%)
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