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Calculate the problem in MS Excel at arrive at the correct annual rate of return . A financial analyst tells you that investing in stocks
Calculate the problem in MS Excel at arrive at the correct annual rate of return. "A financial analyst tells you that investing in stocks will allow you to double your money in 7 years. What annual rate of return is the analyst assuming you can earn?" Correct answer is 10.41%. Please provide the function/formula in MS Excel.
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Investments Analysis and Management
Authors: Charles P. Jones
12th edition
978-1118363294
