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You invest $1 million at the beginning of 2020 in a stock-index fund. If the rate of return in 2020 is -30%, what rate of
You invest $1 million at the beginning of 2020 in a stock-index fund. If the rate of return in 2020 is -30%, what rate of return in 2021 will be necessary for your portfolio to recover to its original value?
A)About 67%
B)About 38%
C)About 50%
D)About 43%
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