Jeremy Siegel shows us some very interesting data. His research showed that stocks have returned an average
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Question:
Jeremy Siegel shows us some very interesting data. His research showed that stocks have returned an average real rate of return of 6.8% from 1802 up to 2005. Assume that you had a relative who invested $1,000 in the US stock market in 1802 and left it for the next 205 years. How much real value would the account now contain?
Multiple Choice
a. $539,964,654
b. $436,694,123
c. $719,625,927
d. $625,596,396
Related Book For
Engineering Economic Analysis
ISBN: 9780195168075
9th edition
Authors: Donald Newnan, Ted Eschanbach, Jerome Lavelle
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