Investments in the stock market have increased at an average compound rate of about 5% since 1900.
Question:
a. If you invested $1,000 in the stock market in 1900, how much would that investment be worth today?
b. If your investment in 1900 has grown to $1 million, how much did you invest in 1900?
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Related Book For
Fundamentals of Corporate Finance
ISBN: 978-0077861629
8th edition
Authors: Richard Brealey, Stewart Myers, Alan Marcus
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