A hedge fund manager promises to exactly double your money in one year in a scheme...
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A hedge fund manager promises to exactly double your money in one year in a scheme that compounds interest continuously. What should be the interest rate to make this happen? In 2 60% 77% No possible solution A hedge fund manager promises to exactly double your money in one year in a scheme that compounds interest continuously. What should be the interest rate to make this happen? In 2 60% 77% No possible solution
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There is something called the rule of 72 It essentially says that ... View the full answer
Related Book For
Financial Management Principles and Applications
ISBN: 978-0133423822
12th edition
Authors: Sheridan Titman, Arthur Keown, John Martin
Posted Date:
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