What annual rate of return is earned on a 2000 investment


1. What annual rate of return is earned on a $2000 investment made in year 3 when it grows to $3000 by the end of year six?

2. What's the current yield of a 4.5% coupon corporate bond quoted at a price of 102.08?

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Financial Management: What annual rate of return is earned on a 2000 investment
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