Susan has been investing $160,000 a year for the past 9 years into Sunshine in a Can, Inc. Today, as the sole shareholder, she sold Sunshine in a Can, Inc. for $2.6 million. What is her rate of return
On this investment?
A) 14.13%
B) 14.24%
C) 14.29%
D) 14.37%
E) 14.42%
Correct Answer:
Verified
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