Review for Exam 3 - UMass D
Unit06 Sample Homework Problems CHAPTER 10. INVESTMENT RETURNS AND AGGREGATE MEASURES OF STOCK MARKETS 1. You buy a stock for $40. After a year the price rises to $50 but falls back to $40 at the end of the second year. What was the average percentage return? Since the beginning and closing prices are the same, the return has to be 0%. ................
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