Assume that an international index is at 10,000. Some people are predicting that this index could lose

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Assume that an international index is at 10,000. Some people are predicting that this index could lose 50% because of the economy’s difficulties. If that were to happen, what percentage rate of return would be necessary to restore the index to its former level?

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Investments Analysis And Management

ISBN: 9781118975589

13th Edition

Authors: Charles P. Jones, Gerald R. Jensen

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