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If, at the beginning of 1925, you had invested $10,000 in a portfolio of small-company stocks and rolled over your investment every year until the
If, at the beginning of 1925, you had invested $10,000 in a portfolio of small-company stocks and rolled over your investment every year until the end of 2000, you would have had a portfolio value of $64,402.23. What would have been your annualized compounded rate of return on your investment? (Ignore taxes/inflation.)
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Structured Finance And Insurance
Authors: Christopher L. Culp
2nd Edition
0471706310, 978-0471706311
