What is the true annualized return
Assignment:
You buy a stock for $20. After a year the price rises to $25 but falls back to $20 at the end of the second year. What was the average percentage return and what was the true annualized return?
Now Priced at $20 (50% Discount)
Recommended (90%)
Rated (4.3/5)
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What was the average percentage return and what was the true annualized return?
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