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Suppose we have the following set of annual returns on an asset: 30%, 40%, -80%, 20% and 30%. How much would your initial investment of
Suppose we have the following set of annual returns on an asset: 30%, 40%, -80%, 20% and 30%. How much would your initial investment of $100 have become?
$56.78 | ||
$108 | ||
$78.84 | ||
None of the above |
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