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    Exam 9: Compound Interest: Further Topics and Applications
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    A Portfolio Earned -13%, 18%, 5%, 24%, and -5% in Five
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A Portfolio Earned -13%, 18%, 5%, 24%, and -5% in Five

Question 58

Question 58

Short Answer

A portfolio earned -13%, 18%, 5%, 24%, and -5% in five successive years. What was the portfolio's five-year compound annual return?

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