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    Financial Management Principles and Applications Study Set 3
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    Exam 7: Risk and Returnan Introduction: History of Financial Market Returns
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    If an Investor Holds Shares for Three Years, the Value
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If an Investor Holds Shares for Three Years, the Value

Question 55

Question 55

True/False

If an investor holds shares for three years, the value at the end of three years will always be the initial cost of the shares times (1 + arithmetic average return)to the third power.

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