Multiple Choice
You have the following rates of return for a risky portfolio for several recent years:
2013 35.23%
2014 18.67%
2015 −9.87%
2016 23.45%
If you invested $1,000 at the beginning of 2013, your investment at the end of 2016 would be worth ________.
A) $2,176.60
B) $1,785.56
C) $1,645.53
D) $1,247.87
Correct Answer:
Verified
Correct Answer:
Verified
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