Question
If the index value when you invested first in the equity market seven years back is 32,000 and the current index levels are at 40,000,
If the index value when you invested first in the equity market seven years back is 32,000 and the current index levels are at 40,000, what is the holding period re- turn? What is the geometric average annual return that you would communicate to your friend on your investment?
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Financial And Managerial Accounting
Authors: Nonso E Okpala
1st Edition
1634873904, 9781634873901
