You invested $2,000 in the stock market one year ago. Today, the investment is valued at $1,600. What return did you earn? What return would you need to get next year to break even overall? Note: Do not round intermediate calculations. Round your answers to 2 decimal places. Negative answers should be indicated by a minus sign. Return earned Return earned

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
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You invested $2,000 in the stock market one year ago. Today, the investment is valued at $1,600.
What return did you earn?
What return would you need to get next year to break even overall?
Note: Do not round intermediate calculations. Round your answers to 2 decimal places. Negative answers should be indicated by
a minus sign.
Return earned
Return earned
%
%
Transcribed Image Text:You invested $2,000 in the stock market one year ago. Today, the investment is valued at $1,600. What return did you earn? What return would you need to get next year to break even overall? Note: Do not round intermediate calculations. Round your answers to 2 decimal places. Negative answers should be indicated by a minus sign. Return earned Return earned % %
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