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Assume you invest in an asset for two years. If the first year rate of return is 10%, and the second year rate of return
Assume you invest in an asset for two years. If the first year rate of return is 10%, and the second year rate of return is -6%. The annual geometric return is
a.1.73%
b.1.69%
c. 2.00%
d.8.00%
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Stock Markets And Corporate Finance A Primer
Authors: Michael Dempsey
1st Edition
1800611471,1800611498
