Question
Suppose that the NASDAQ Composite index hit a level of 4,682 in February of 2000 . In February of 1992 it was at a level
Suppose that the NASDAQ Composite index hit a level of 4,682 in February of 2000. In February of 1992 it was at a level of 2,072. What was the annual average compound growth rate over the period?
The annual average compound growth rate over the period was
%. (Round to two decimalplaces.)
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Multinational Financial Management
Authors: Alan C Shapiro, Paul Hanouna
11th Edition
1119559901, 9781119559900
