An investor's portfolio increased in value from $100,000 to $193,000 over a seven-year period in which the

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An investor's portfolio increased in value from $100,000 to $193,000 over a seven-year period in which the Consumer Price Index rose from 114.1 to 125.2. What was the compound annual real rate of return on the portfolio during the period?

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Fundamentals Of Business Mathematics In Canada

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Authors: F. Ernest Jerome, Jackie Shemko

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Question Posted: Oct 21, 2020 05:37 AM

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An investor's portfolio increased in value from $100,000 to $193,000 over a seven-year period in which the

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Fundamentals Of Business Mathematics In Canada

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