A risky portfolio earned the following rates of return for


Question: A Risky Portfolio earned the following rates of return for a Risky Portfolio over the last 4 years: 12%, 9%, -7%, and 15%. If you had invested a single lump sum of $1,000, how much would your investment be worth at the end of the four years?

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Accounting Basics: A risky portfolio earned the following rates of return for
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