You bought gold 3 years ago at $1060 per ounce. Today, it is $1314 per ounce....

Question

Question

You bought gold 3 years ago at $1060 per ounce. Today, it is $1314 per ounce. What was your annual return?

business finance

Answer 1

Answer #1

Hence, Annual return is 7.42%

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Answer 2

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