Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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For an investment to triple in value during a 25-year period.
a. What annually compounded rate of return must it eam? (Do not round Intermedlate calculations and round your final answer to 2
decimal places.)
Annually compounded rate of return
b. What quarterly compounded rate of return must it earn? (Do not round Intermedlate calculatlons and round your final onswer to 2
declmal places.)
Quarterly compounded rate of return
c. What monthly compounded rate of return must it earn? (Do not round Intermedlate calculatlons and round your final answer to 2
decimal places.)
Monthly compounded rate of return
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Transcribed Image Text:Saved. For an investment to triple in value during a 25-year period. a. What annually compounded rate of return must it eam? (Do not round Intermedlate calculations and round your final answer to 2 decimal places.) Annually compounded rate of return b. What quarterly compounded rate of return must it earn? (Do not round Intermedlate calculatlons and round your final onswer to 2 declmal places.) Quarterly compounded rate of return c. What monthly compounded rate of return must it earn? (Do not round Intermedlate calculatlons and round your final answer to 2 decimal places.) Monthly compounded rate of return Next > < Prev 15 of 23 connect PI T 5 N.
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