An investors portfolio increased in value by 53% over a five-year period while the Consumer Price Index

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An investor’s portfolio increased in value by 53% over a five-year period while the Consumer Price Index rose from 121.6 to 135.3. What was the annually compounded real rate of return on the portfolio for the five years?

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Business Mathematics In Canada

ISBN: 978-0070009899

7th edition

Authors: Ernest Jerome

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Question Posted: Sep 21, 2024 08:02 AM

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An investors portfolio increased in value by 53% over a five-year period while the Consumer Price Index

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Each 100invested grew to 153 after 5 years The ...View the full answer

Business Mathematics In Canada

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