Question
Suppose that the NASDAQ Composite index hit a level of 2,012 in February of 2005. In February of 1994 it was at a level of
Suppose that the NASDAQ Composite index hit a level of 2,012 in February of 2005. In February of 1994 it was at a level of 4,698. What was the annual average compound growth rate over the period?
The annual average compound growth rate over the period was ___%.
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Introductory Econometrics For Finance
Authors: Chris Brooks
2nd Edition
052169468X, 9780521694681
