18.6 Investment Trust pic has recently stated in an advertisement that an investment in its Fund A...

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18.6 Investment Trust pic has recently stated in an advertisement that an investment in its Fund A of £10,000 made ten years ago would now have a cash value of £2.5,000. Assuming that the statement is factually correct, explain why it may be misleading.

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Principles Of Financial Accounting

ISBN: 9780273676300

3rd Edition

Authors: Ian Gillespie, Richard Lewis, Kay Hamilton

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