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Jeremy Siegel's books, The Future for Investors and Stocks for the Long Run illustrate some long-term data on returns in both the stock and the

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Jeremy Siegel's books, "The Future for Investors" and "Stocks for the Long Run" illustrate some long-term data on returns in both the stock and the bond market. Siegel tells us that, over the period from 1802 - 2005, the long run average real return in the US equity market is 6.8% and it is 3.5% in the bond market. Based on Siegel's data, answer the following three questions. If a relative invested $700 in the bond market in 1802 and allowed it to grow at 3.5% for the next 230 years, how much would the investment be worth in 2032? Multiple Choice $1,323,675 $1,725,547 O $1,911,518 O $1,547,345

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