Asked by Claudia Riano on Jul 08, 2024

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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.
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Pamela Crenshaw

1 week ago

Final Answer :
42.86%