If you make an investment that earns 10% the first year,
-If you make an investment that earns 10% the first year, -5%
the second year, -2% the third year, and 12% the fourth year, what is your total 4 -year return? Round your answer to the nearest tenth of a percent
a.15.0%
b. 31.9%
c. 14.7%
d. None of the above
2.A bond investment yielded 8%. If inflation was 3%, what real return did the bond offer? Round your answer to the nearest tenth of a percent
Question 18 options:
-4.6%
+1.0%
+4.9%
+5.2%