XYZ stock is valued at $100 per share. It loses 20% in year 1, gains 20% in

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XYZ stock is valued at $100 per share. It loses 20% in year 1, gains 20% in year 2, and gains 10% in year 3. What is the average annual return? What is the annualized (compounded) average return?

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Service Systems Engineering And Management

ISBN: 978-0367781323

1st Edition

Authors: A. Ravi Ravindran ,Paul M. Griffin ,Vittaldas V. Prabhu

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