Question
Please answer with the most details possible. A portfolio has 60% probability to gain 50% per year and 40% probability to lose 45% per year.
Please answer with the most details possible.
A portfolio has 60% probability to gain 50% per year and 40% probability to lose 45% per year. Please calculate the arithmetic rate of return and geometric rate of return of the portfolio. The initial value of the portfolio is 1 million dollar. After 10 years, what is the most likely value of this portfolio?
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International Business The Challenges Of Globalization
Authors: John J. Wild, Kenneth L. Wild
9th Edition
0134729226, 978-0134729220
