Question
If the index value when you invested first in the equity markets even 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 markets even 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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Stats Data And Models
Authors: Richard D. De Veaux, Paul D. Velleman, David E. Bock
4th Edition
321986490, 978-0321989970, 032198997X, 978-0321986498
