lamisa decided to invest her savings worth tk 93242in the stock market in 2011, the value of her shares rose by 17% and 3% respectively in the years 2012 and 2024. unfortunately, the value of her shares kept falling by6% from 2014 onwards. a. what was the average yearly rate of change in the value of her shares between 2012 and 2014 b. what will be the value of lamisa's shares after 5 years
lamisa decided to invest her savings worth tk 93242in the stock market in 2011, the value of her shares rose by 17% and 3% respectively in the years 2012 and 2024. unfortunately, the value of her shares kept falling by6% from 2014 onwards. a. what was the average yearly rate of change in the value of her shares between 2012 and 2014 b. what will be the value of lamisa's shares after 5 years
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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lamisa decided to invest her savings worth tk 93242in the stock market in 2011, the value of her shares rose by 17% and 3% respectively in the years 2012 and 2024. unfortunately, the value of her shares kept falling by6% from 2014 onwards.
a. what was the average yearly rate of change in the value of her shares between 2012 and 2014
b. what will be the value of lamisa's shares after 5 years
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