Suppose your stock market portfolio was $251,000 at the start of 2000. By the start of 2002,
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Suppose your stock market portfolio was $251,000 at the start of 2000. By the start of 2002, the value was $112,950.
a. What is the percent loss in the two-year period?
b. What is the percent gain necessary for your portfolio to regain its value in the next two years?
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