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    Essentials of Investments
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    Exam 5: Risk and Return: Past and Prologue
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    An Investment Earns 10% the First Year,15% the Second Year
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An Investment Earns 10% the First Year,15% the Second Year

Question 50

Question 50

Multiple Choice

An investment earns 10% the first year,15% the second year and loses 12% the third year.Your total compound return over the three years was ______.


A) 41.68%
B) 11.32%
C) 3.64%
D) 13.00%

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