An investors portfolio increased in value from $35,645 to $54,230 over a six-year period. At the same

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An investor’s portfolio increased in value from $35,645 to $54,230 over a six-year period. At the same time, the Consumer Price Index rose by 26.5%. What was the portfolio’s annually com- pounded real rate of return?

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Business Mathematics In Canada

ISBN: 978-0070009899

7th edition

Authors: Ernest Jerome

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An investors portfolio increased in value from $35,645 to $54,230 over a six-year period. At the same

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Business Mathematics In Canada

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