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Suppose you start with a $1,000 investment in stocks. You lose 54% of your investment and then you gain 71%. How much money do you

Suppose you start with a $1,000 investment in stocks. You lose 54% of your investment and then you gain 71%. How much money do you end up with and what was your net rate of return?

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Solution If you start with a 1000 investment and lose 54 you are left with 1000 1 054 1000 046 4... blur-text-image
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