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A person invested $6000 in stock the market. The economy was bulling and return was 9% on average for first 6 years. Then there
A person invested $6000 in stock the market. The economy was bulling and return was 9% on average for first 6 years. Then there was a downturn and return was average of 6% for the next 4 years. How much is in the account after 10 years? What is the average return over 10 years? (2 decimal)
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Investments Analysis and Management
Authors: Charles P. Jones
12th edition
978-1118475904, 1118475909, 1118363299, 978-1118363294
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