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Assume that you start with $100, 000 and each month you get return of -11.6%...

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Accounting

Assume that you start with $100, 000 and each month you get return of -11.6% from investing into GS stock over the whole next year (12 months). In addition, assume that at the end of each month you take the result of your previous month investment and reinvest it for the next month (reinvesting monthly = monthly compounding). What return would you earn over the whole year?

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