Question: Find the error in equation Return = [(Value1- Value0) 1] Lets put some numbers in the equation and see how it works. What if you
Find the error in equation Return = [(Value1- Value0) 1]
Lets put some numbers in the equation and see how it works. What if you start with 100$ and it grows to $110 for a 10% return. If you plug the numbers in the equation below you get $9 not 10%. So the equation is wrong. Can you figure out how to change the equation so you get the 10%?
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