A stock had annual returns of 7.63 percent, 9.28 percent, -3.11 percent, and 15.09 percent for the
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A stock had annual returns of 7.63 percent, 9.28 percent, -3.11 percent, and 15.09 percent for the past four years, respectively. What is the real average rate of return for this period if inflation averaged 2.3 percent?
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Related Book For
Financial and Managerial Accounting
ISBN: 978-1133940593
10th edition
Authors: Belverd E. Needles, Marian Powers, Susan V. Crosson
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