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    Exam 3: Descriptive Statistics and Analytics: Numerical Methods
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    An Initial Investment of $10,000 Has a Value of $7,382
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An Initial Investment of $10,000 Has a Value of $7,382

Question 132

Question 132

Short Answer

An initial investment of $10,000 has a value of $7,382 at the end of year 1. What is the rate of return for the first year?

Correct Answer:

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−26.18%
R1 = ((7382 −...

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