An investor invests in the market expecting to obtain a return of 12 per cent annualized over
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An investor invests in the market expecting to obtain a return of 12 per cent annualized over a period of 15 years. His returns in the first four years are 10 per cent, −15 per cent, 5 per cent and 20 per cent. What are the returns over the first four years?
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Corporate Finance Theory And Practice In Emerging Economies
ISBN: 9781108486965
1st Edition
Authors: Sunil Mahajan
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