Question
Suppose you continued to hold onto the stock index fund. Over the subsequent three months, your portfolio value first dipped to $7,920 at the end
Suppose you continued to hold onto the stock index fund. Over the subsequent three months, your portfolio value first dipped to $7,920 at the end of the second month, then increased to $8,010 at the end of the third month, and finally climbed to $8,220 at the end of the fourth month.
What was your monthly return for each of the three months?
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Investments
Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
9th Edition
73530700, 978-0073530703
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