Question
You buy a stock for $20. After a year the price rises to $25 but falls back to $20 at the end of the second
You buy a stock for $20. After a year the price rises to $25 but falls back to $20 at the end of the second year.What was the average percentage return and what was the true annualized return?
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Sports Finance And Management Real Estate Media And The New Business Of Sport
Authors: Jason A. Winfree, Mark S. Rosentraub, Brian M Mills, Mackenzie Zondlak
2nd Edition
1138341819, 9781138341814
