Multiple Choice
The rate of return is calculated as:
A) (dollar amount of average investment) x (dollar amount of return)
B) (present value of $1) /(dollar amount of average investment)
C) (dollar amount of return) /(dollar amount of initial investment)
D) (future value of $1) x (dollar amount of initial investment)
Correct Answer:
Verified
Correct Answer:
Verified
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