Name: Anonymous 2007-04-17 19:03 ID:Szb2j9Jp
I found this fascinating.
1) What would be the value of $10,000 worth of shares at the end of 2 years if they decrease in value by 10% in the first year and then increase in value by 10% in the second year.
The answer turned out to be $9900.
Why is this? Surely the price would remain the same..?
1) What would be the value of $10,000 worth of shares at the end of 2 years if they decrease in value by 10% in the first year and then increase in value by 10% in the second year.
The answer turned out to be $9900.
Why is this? Surely the price would remain the same..?