The investment product sold by Citigroup requires an outlay of $100,000 today, but generates a payout of $80,000 next year. What is the annual rate of return of this investment? (Note that a loss is simply a negative gain)
The investment product sold by Citigroup requires an outlay of $100,000 today, but generates a payout of $80,000 next year. What is the annual rate of return of this investment? (Note that a loss is simply a negative gain)