Question
John, an investment adviser, tells Lisa that if she's willing to invest the amount of $100 today, he can increase this investment by 5 times
John, an investment adviser, tells Lisa that if she's willing to invest the amount of $100 today, he can increase this investment by 5 times in 5 years. What annual rate of return is John promising on this investment?
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The Oxford Guide To Financial Modeling
Authors: Thomas S Y Ho, Sang Bin Lee
1st Edition
019516962X, 9780195169621
