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A mutual fund earned 5% over the last year, 10% per year (geometric average) over the last 2 years.? If you invested $1,000 per year
A mutual fund earned 5% over the last year, 10% per year (geometric average) over the last 2 years.?
If you invested $1,000 per year in the fund at the beginning of each of the last 2 years, how much would your investments be worth today?
What is the IRR of your investment? What is your arithmetic average return?
If you invested $1,000 per year in the fund at the beginning of each of the last 2 years, how much would your investments be worth today?
What is the IRR of your investment? What is your arithmetic average return?
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Entrepreneurial Finance
Authors: J. Chris Leach, Ronald W. Melicher
6th edition
1305968352, 978-1337635653, 978-1305968356
