Asked by Youry Wylie on Apr 24, 2024
What rate of return in the second year of an investment is required to break even after a 50% loss in the first year?
Rate of Return
The net gain or loss on an investment over a specified period, expressed as a percentage of the investment's initial cost.
- Become familiar with the mathematical association between investment profits and losses throughout different intervals.
Learning Objectives
- Become familiar with the mathematical association between investment profits and losses throughout different intervals.