Assume that your investment with your chosen company stocks produced 12% return for the first year and
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Assume that your investment with your chosen company stocks produced 12% return for the first year and 28% return on the second year of operations. Calculate the geometric rate of return per year. (10% = 0.1, and the rate of return of 28% = 0.28 for the purpose of all calculations)
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Related Book For
Public Finance An International Perspective
ISBN: 9789814365048
1st Edition
Authors: Joshua E. Greene
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