Asked by Claudia Riano on Jul 08, 2024

Verified

What rate of return in the second year of an investment is required to break even after a 30% loss in the first year?

Break Even

The point at which total cost and total revenue are equal, resulting in no net loss or gain for a business.

- Calculate the rate of return necessary to reach a financial target after a specified loss.

Verified Answer

PC

## Learning Objectives

- Calculate the rate of return necessary to reach a financial target after a specified loss.