Question
A peculiar stock has alternated between earning a 6% rate of return and a -1.6% rate of return (loss) each 6 months for 4
A peculiar stock has alternated between earning a 6% rate of return and a -1.6% rate of return (loss) each 6 months for 4 years total. What was the total rate of return over these 4 years?
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Business Statistics Communicating With Numbers
Authors: Sanjiv Jaggia, Alison Kelly
2nd Edition
0078020557, 978-0078020551
