Rework questions 12 and 13 assuming that there is no compounding. (Hint: Use the simple arithmetic average

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Rework questions 12 and 13 assuming that there is no compounding. (Hint: Use the simple arithmetic average instead of the geometric average.)

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An Introduction To Financial Markets And Institutions

ISBN: 978-0765622761

2nd Edition

Authors: Maureen Burton ,Reynold F. Nesiba ,Bruce Brown

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