Question
Sanda Cazares found that the market value, in millions, of Cazares and Co.,Inc. has gone from $75,920.00 to $290,690.00 in 5 years. With semi-annually compounding,
Sanda Cazares found that the market value, in millions, of Cazares and Co.,Inc. has gone from $75,920.00 to $290,690.00 in 5 years. With semi-annually compounding, what is the annualized rate of growth (CAGR)?
| a. 15.4011% | ||
| b. 28.7375% | ||
| c. 71.8438% | ||
| d. -6.2818% |
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Analysis Of Financial Data
Authors: Gary Koop
1st Edition
0470013214, 978-0470013212
