lamisa decided to invest her savings worth tk 93242in the stock market in 2011, the value of her shares rose by 17% and 3% respectively in the years 2012 and 2024. unfortunately, the value of her shares kept falling by6% from 2014 onwards. a. what was the average yearly rate of change in the value of her shares between 2012 and 2014 b. what will be the value of lamisa's shares after 5 years

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter2: The Domestic And International Financial Marketplace
Section: Chapter Questions
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lamisa decided to invest her savings worth tk 93242in the stock market in 2011, the value of her shares rose by 17% and 3% respectively in the years 2012 and 2024. unfortunately, the value of her shares kept falling by6% from 2014 onwards.
a. what was the average yearly rate of change in the value of her shares between 2012 and 2014
b. what will be the value of lamisa's shares after 5 years

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