Problem 6-35 Calculating Rates of Return [LO2] Suppose an investment offers...
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Problem 6-35 Calculating Rates of Return [LO2]
| Suppose an investment offers to quadruple your money in 18 months (dont believe it). What rate of return per quarter are you being offered? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) |
| Rate of return | % |
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