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16. From the three-year mutual funds investment with an initial investment of $10,000, the annual % returns are 20%, -10%, 20%. A) What is your
16. From the three-year mutual funds investment with an initial investment of $10,000, the annual % returns are 20%, -10%, 20%.
A) What is your terminal value of the 3-year investments?
B) What is the (geometric) total rate of return?
C) What is the (geometric) annual average rate of return?
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