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You make a $10.0 million investment grow to $25.4 million in 9 years (annual compounding). Which statement about the rate of return is most accurate?
You make a $10.0 million investment grow to $25.4 million in 9 years (annual compounding). Which statement about the rate of return is most accurate? the holding period rate of return is 153.7% the geometric average annual rate of return is 176.8% the geometric average annual rate of return is 133.7% the holding period rate of return is 133.7% the geometric average annual rate of return is 153.7%
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