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Suppose your investments earned a 12.0% return last year. What return would you need this year so that you would end up earning a

 

Suppose your investments earned a 12.0% return last year. What return would you need this year so that you would end up earning a total return of 10.0% over those two years? Answer in percent showing one decimal place.

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To solve this problem we can use the concept of the weighted average return Let r1 be the return in ... blur-text-image

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