Question
Q:7 You invested $2,000 in the stock market one year ago. Today, the investment is valued at $1,780. What return did you earn? (Negative answer
Q:7
| You invested $2,000 in the stock market one year ago. Today, the investment is valued at $1,780. |
| What return did you earn? (Negative answer should be indicated by a minus sign.) |
| Return earned | % |
| What return would you need to get next year to break even overall? (Do not round intermediate calculations and round your final answer to 2 decimal places.) |
| Return earned | % |
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Risk Management And Financial Institutions
Authors: John C Hull
6th Edition
1119932483, 9781119932482
