After Two Consecutive Years of 10% Losses, What Rate of Return

question 252

Short Answer

After two consecutive years of 10% losses, what rate of return in the third year will produce a cumulative loss of 30%?

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Definitions:

Birth-Order Effect

A psychological theory suggesting that one's rank in their sibling hierarchy influences their personality and behavior.

Sexual Orientation

An enduring pattern of emotional, romantic, and/or sexual attractions to men, women, or both sexes.

Biological Influence

The impact of genetic and physiological factors on the behavior and mental processes of an organism.

Sexual Orientation

refers to an individual's pattern of physical, romantic, and/or emotional attraction to people of the same sex, opposite sex, both sexes, or neither sex.