Question
Assume that at the beginning of the year, you purchase an investment for $8,200 that pays $80 annual income. Also assume that the investments value
Assume that at the beginning of the year, you purchase an investment for $8,200 that pays $80 annual income. Also assume that the investments value has increased to $9,000 at the end of the year. What is the rate of return for this investment? Is the rate of return a positive or a negative number?
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Gapenskis Cases In Healthcare Finance
Authors: George H. Pink
6th Edition
1567939651, 978-1567939651
