15. An index had an average (geometric) mean return over 20 years of 3.8861 %. If the...

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15. An index had an average (geometric) mean return over 20 years of 3.8861 %. If the beginning index value was 100, what was the final index value after 20 years?

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Financial Markets and Institutions

ISBN: 978-0321280299

5th edition

Authors: Frederic S. Mishkin, Stanley G. Eakins

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