Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Chapter 18, Problem 7CP
Summary Introduction

To calculate:

Annual geometric return if earning on investment in an asset for first year is 15% and for second year negative 10% .

Introduction:

Annual geometric return means a return on investment which shows that how much return investor has earned every year over period of investment.

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