Exhibit 19-2.Hugh Wallace has the following information regarding three investment options.Each investment option involves the same one-year period. Refer to Exhibit 19-2.What real percent rate of return will Hugh earn if he invests in option 2?
A)-2.5%
B)4.58%
C)0.96%
D)-3.37%

Question

Exhibit 19-2.Hugh Wallace has the following information regarding three investment options.Each investment option involves the same one-year period.  Refer to Exhibit 19-2.What real percent rate of return will Hugh earn if he invests in option 2?
A)-2.5% 
B)4.58% 
C)0.96% 
D)-3.37%

Quizplus · Accepted Answer

The Answer of Exhibit 19-2.Hugh Wallace has the following information regarding three investment options.Each investment option involves the same one-year period.  Refer to Exhibit 19-2.What real percent rate of return will Hugh earn if he invests in option 2?
A)-2.5% 
B)4.58% 
C)0.96% 
D)-3.37%