Multiple Choice
An initial investment of $41,800 fifty years ago is worth $1,533,913 today.What is the geometric average return on this investment?
A) 7.47 percent
B) 8.02 percent
C) 9.23 percent
D) 10.47 percent
E) 11.08 percent
Correct Answer:
Verified
Correct Answer:
Verified
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