Compare two stocks both have earned 8 per year on average


Compare two stocks. Both have earned 8% per year on average. However, stock A has oscillated between 6% and 10%. Stock B has oscillated between 3% and 13%. (For simplicity, say that they alternated.) If you had purchased $500 in each stock, how much would you have had 10 years later?

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Financial Management: Compare two stocks both have earned 8 per year on average
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