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SELECT ALL THAT APPLY PLEASE Which of these statements is true about the average rate of return and the compounded rate of return on stock
SELECT ALL THAT APPLY PLEASE
Which of these statements is true about the average rate of return and the compounded rate of return on stock market investments? Select all that are true. A. The average annual rate of return is a mathematically correct way to describe historical returns. B. An investor who buys and holds an investment in stocks does not earn the average annual rate of return. C. The average annual rate of return is always higher than the compounded annual rate of return. D. The investor who buys and holds an investment in stocks earns the compounded annual rate of returnStep by Step Solution
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