Question: Down options from the top to the bottom: C. Yes or No? 2. Ch13 Financial Planning Exercise 7 1 Chapter 13 Financial Planning Exercise 7

Down options from the top to the bottom: C. Yes or

Down options from the top to the bottom:

C. Yes or No?

2. Ch13 Financial Planning Exercise 7 1 Chapter 13 Financial Planning Exercise 7 Calculating approximate yield on mutual fund a. Using the approximate yield formula, what rate of return did Elliot earn on his investment? Round the answer to two decimal places. b. Repeat the calculation using a financial calculator. Round the answer to two decimal places. % C. Would.he.have.made a 20% rate of return if the stock had risen to $30 a share

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