Some contend that the method used to compound returns is important, but others argue that compounding, high

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Some contend that the method used to compound returns is important, but others argue that compounding, high (low) returns always leads to high (low) returns. Thus, the method is irrelevant as long as it is used consistently. Critique the validity of this argument.

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Investment Risk Management

ISBN: 9780199331963

1st Edition

Authors: H. Kent Baker, Greg Filbeck

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