Suppose you invested $5.000 in 2017 in a portfolio of shares. This portfolio valued by $6.000 in 2018, then $4.000 in 2019 and $6.500 in 2020. What is the compound average annual rate of return (geometric) on your investment? Type the Excel equation as well. Just as advice to you that you can type directly inside the answer field below. BIUA <>
Suppose you invested $5.000 in 2017 in a portfolio of shares. This portfolio valued by $6.000 in 2018, then $4.000 in 2019 and $6.500 in 2020. What is the compound average annual rate of return (geometric) on your investment? Type the Excel equation as well. Just as advice to you that you can type directly inside the answer field below. BIUA <>
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
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Transcribed Image Text:Suppose you invested $5,000 in 2017 in a portfolio of shares. This portfolio valued by $6,000 in 2018, then $4.000 in 2019 and
$6.500 in 2020. What is the compound average annual rate of return (geometric) on your investment? Type the Excel equation
as well.
Just as advice to you that you can type directly inside the answer field below.
BIU
<>
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