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Business, 30.11.2020 18:20 jose200144

Over a 20-year period an investment of $1,000 in common stocks returned an average of 11% in nominal terms and 4% in real terms. At the end of the 20 years, the portfolio value was: a. $3,679.19 in real terms.
b. $1,800 in real terms.
c. $8,062.31 in nominal terms.
d. $7,870.59 in nominal terms.

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