Question
Suppose you invest $2,000,000 in a hedge fund today and $1,000,000 the following year. If the fund promises 10% annual return, how much will you
Suppose you invest $2,000,000 in a hedge fund today and $1,000,000 the following year. If the fund promises 10% annual return, how much will you have at the end of two years?
| 1. | $3,630,000 | |
| 2. | $3,300,000 | |
| 3. | $2,800,000 | |
| 4. | $3,520,000 | |
| 5. | $3,480,000 |
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Investments
Authors: William F. Sharpe, Gordon J. Alexander, Jeffery V. Bailey
6th Edition
8120321014, 978-8120321014
