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An investor bought 100 shares of DEF Ltd two years ago at the share price of $50. Last year, the share price was increased to
An investor bought 100 shares of DEF Ltd two years ago at the share price of $50. Last year, the share price was increased to $55. If the share price today becomes $50, the investor thinks that the geometric return rate is equal to 0%. Explain with calculation that whether you agree with it or not.
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