If we have an investment earning 20% year 1, 15% year 2, and loses 10% year 3.

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If we have an investment earning 20% year 1, 15% year 2, and loses 10% year 3. The equivalent annual return (including compounding) for this sequence of returns is?

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Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Posted Date: Apr 18, 2024 07:50 AM

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If we have an investment earning 20% year 1, 15% year 2, and loses 10% year 3.

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Okay lets solve this stepbystep Year 1 return 20 of initial investment ... View the full answer

Income Tax Fundamentals 2013

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