Question
Five years ago, you invested $4 million in the market. Today, five (5) years later, this investment has a market value of $10 million. What
Five years ago, you invested $4 million in the market. Today, five (5) years later, this investment has a market value of $10 million. What is the average annually compounded rate of growth of this investment?
1. about 30%
2. about 72%
3. about 20%
4. about 10%
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Mastering Attribution In Finance
Authors: Andrew Colin
1st Edition
1292114029, 978-1292114026
