Question
An investment yielded 17% return in October, 1% return in November and -17% return in December. What was the average monthly realized yield on the
An investment yielded 17% return in October, 1% return in November and -17% return in December. What was the average monthly realized yield on the investment in last quarter of the year?
(answer is not -0.60, they want geometric average)
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Financial Management In The Public Sector Tools Applications And Cases
Authors: Xiaohu Wang
2nd Edition
0765625229, 9780765625229
