An investment earns 10% the first year, earns 15% the second year, and loses 12% the third year. The total compound return over the 3 years was ________.
A) 41.68%
B) 11.32%
C) 3.64%
D) 13%
Correct Answer:
Verified
Q6: You put up $50 at the beginning
Q7: If you want to measure the performance
Q8: The complete portfolio refers to the investment
Q9: The arithmetic average of -11%, 15%, and
Q10: The geometric average of -12%, 20%, and
Q12: The holding period return on a stock
Q13: Suppose you pay $9,800 for a $10,000
Q14: The dollar-weighted return is the _.
A) difference
Q15: Suppose you pay $9,700 for a $10,000
Q16: You have calculated the historical dollar-weighted return,
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