Solving for Rates You invested $5,000 in the stock market one year ago.Today,the investment is valued at $4,500.What return did you earn? What return would you need to get next year to break even overall?
A) -111.11 percent, +90 percent, respectively
B) -90 percent, +111.11 percent, respectively
C) -10 percent, +11.11 percent, respectively
D) -11.11 percent, +10 percent, respectively
Correct Answer:
Verified
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