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Posted by: Homeworkhelp
Price Quoted by Student: $3
Posted On: 2011-06-03 06:06:00

You bought a racehorse that has had a winning streak for four years, bringing in $500,000 per year before dying of a heart attack. If you paid $1,518,675 for the horse 4 years ago what was your compound annual return over this 4 year period?

Value of investment at the beginning of 4 yea
Price $3
Attachment 1: You bought a racehorse.doc
Solution Posted By: Homeworkhelp    Posted on: 03-06-2011