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a) If you invest $5 and will receive $8 next year, what is your simple return? b) If you invest $5 and will receive $8
a) If you invest $5 and will receive $8 next year, what is your simple return?
b) If you invest $5 and will receive $8 next year, what is your holding rate of return for each month? What is average monthly rate of return?
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