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An initial investment of $25,000 forty years ago is worth $1,533,913 today. What is the geometric average return on this investment? a) 9.47% b) 11.47%
An initial investment of $25,000 forty years ago is worth $1,533,913 today. What is the geometric average return on this investment?
a) 9.47%
b) 11.47%
c) 10.84%
d) 11.23%
e) 12.08%
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