Suppose an investment offers to triple your money in 12 months (don't believe it). Required What rate
Question:
Suppose an investment offers to triple your money in 12 months (don't believe it).
RequiredWhat rate of return per quarter are you being offered?
1. 23.01%
2. 44.22%
3. 31.61%
4. 32.24%
5. 30.98%
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Related Book For
Fundamentals of corporate finance
ISBN: 978-0073382395
9th edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
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