3. At the end of 1974, Emil Bildilli held a portfolio of long-term U.S. government bonds valued...
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3. At the end of 1974, Emil Bildilli held a portfolio of long-term U.S. government bonds valued at $14,000. At the end of 1981, Emil's portfolio was worth $16,932.
Referring to Table 1.1, calculate the annualized real rate of return on Emil's bond portfolio over this seven-year period.
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Investments
ISBN: 9788120321014
6th Edition
Authors: William F. Sharpe, Gordon J. Alexander, Jeffery V. Bailey
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