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    Exam 9: Compound Interest: Further Topics and Applications
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    An Investor's Portfolio Increased in Value by 53% Over a Five-Year
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An Investor's Portfolio Increased in Value by 53% Over a Five-Year

Question 97

Question 97

Short Answer

An investor's portfolio increased in value by 53% over a five-year period while the Consumer Price Index rose from 121.6 to 135.3. What was the portfolio's annually compounded real rate of return?

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