Question
Assume that at the beginning of the year, you purchase an investment for $5,600 that pays $125 annual income. Also assume the investments value has
Assume that at the beginning of the year, you purchase an investment for $5,600 that pays $125 annual income. Also assume the investments value has increased to $5,900 by the end of the year.
What is the rate of return for this investment?
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The Handbook Of Financing Growth
Authors: Kenneth H. Marks, Larry E. Robbins, Gonzalo Fernandez, John P. Funkhouser, D. L. Williams
2nd Edition
0470390158, 978-0470390153
