You buy a stock for $50 per share. Over the next four months, it has monthly returns

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You buy a stock for $50 per share. Over the next four months, it has monthly returns of 4%,5%,2%, and −3%.

What is the value of a share at the end of the fourth month ?

Related Book For answer-question

Advanced Financial Accounting

ISBN: 978-0137030385

6th edition

Authors: Thomas Beechy, Umashanker Trivedi, Kenneth MacAulay

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Posted Date: Apr 03, 2023 03:57 AM

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You buy a stock for $50 per share. Over the next four months, it has monthly returns

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The value of the share at the end of the fourth month is 4844 Explanation The ... View the full answer

Advanced Financial Accounting

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