Suppose I invested a sum of $ 1 0 0 , 0 0 0 in the stock market across various stocks on Jan 1 st , 2 0 1 7 And at the end of trading on Dec 3 1 st , 2 0 2 0 , my portfolio is worth $ 1 5 6 , 3 2 7 What is the average annual rate of return on my investment

The Answer is in the image, click to view ...

Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Aug 27, 2024

Suppose I invested a sum of $ 1 0 0 , 0 0 0 in the stock market across various stocks on Jan 1 st

Suppose I invested a sum of $

100, 000

in the stock market across various stocks on Jan

1

, 2017 .

And at the end of trading on Dec

31

, 2020,

my portfolio is worth $

156, 327 .

What is the average annual rate of return on my investment?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

International Corporate Finance

Authors: Mark R. Eaker, Frank J. Fabozzi, Dwight Grant

1st Edition

0030693063, 9780030693069

More Books

Students also viewed these Finance questions

Question

★★★★★

At Montclair State University in fall 2013, the proportion of undergraduates who were Hispanic was approximately 1/5. The proportion of undergraduates who were Caucasian was approximately 2/3. Find...

Answered: 1 week ago

Question

★★★★★

3 Write a PRP that calculates all vectorial derivatives using the partial differential, given in object number 5, and verify these results using vectorial derivatives of the function in object number...

Answered: 1 week ago

Question

★★★★★

d. The researcher was not too sure about the assumption of equality of variances and was under the impression that the population variance of the placebo group is greater than the variance of the...

Answered: 1 week ago

Question

★★★★★

Dennis, Suzy, and Katherine form a partnership. Dennis and Suzy give equipment and a building, respectively. Katherine agrees to perform all of the accounting and office work in exchange for a 10%...

Answered: 1 week ago

Question

★★★★★

Its Jan. 15, 2023. The following bonds are semi-annual bonds with $3,000 par. What is the answer of ???? ( have to show me your calculation process) \begin{tabular}{|l|l|l|r|r|r|} \hline Company...

Answered: 1 week ago

Question

★★★★★

Tuvok Limited has developed the following standards for one of its products: Standards costs of materials R0.50 per kg Materials purchased and used 20000 kg Total paid to suppliers R11 000 Standard...

Answered: 1 week ago

Question

★★★★★

3-37. In a motion capture study of a runner, one frame shows the subject support- ing her weight on one leg, as shown in Fig. P3.37. The length of the foot seg- ment (from ankle to toe) is 8 in. and...

Answered: 1 week ago

Question

★★★★★

Exhibit 12-1 A square of side 2 is removed from one corner of a square sandwich that has sides of length L. The center of mass of th remainder of the sandwich moves from C to C'. Use this exhibit to...

Answered: 1 week ago

Question

★★★★★

5. A consumer decides not to buy a VCR when her income is $20,000. However, when her income rises to $30,000, she decides to buy one. In a single diagram, draw the budget lines and indifference...

Answered: 1 week ago

Question

★★★★★

1. With loads A, B, C, and D applied as shown, find: (a) (6 points) The total moment about point O. (b) (4 points) The moment about the axis from O to A. If A 75 N, B=25 N, C=50 N, and D = 100 N. B B...

Answered: 1 week ago

Question

★★★★★

A lender encourages a borrower who receives a federally related mortgage loan from it to employ an attorney to perform the title searches and related settlement services in connection with their...

Answered: 1 week ago

Question

★★★★★

2-16 What benefits did Income reap from the new system? NTUC Income (Income), one of Singapores largest insurers, has over 2 million policy holders with total assets of S$31.3 billion. The insurer...

Answered: 1 week ago

Question

★★★★★

2-8 Fulbert Timber Merchants in Brixton, UK features a large selection of building supplies, including timber, fencing and decking, mouldings, hardwood flooring, sheet materials, windows, doors,...

Answered: 1 week ago

Question

★★★★★

2-7 Use the Time/Space Collaboration and Social Tool Matrix to classify the collaboration and social technologies used by BASF..

Answered: 1 week ago

Previous Question Next Question