Thank you. Yes, you are 100% right. Thanks for catching this. It'll correct it now. In trying to keep the numbers simple, I forgot to think! Thank you.
If you buy something for $80 and sell it for $100, that's a yield of 25% (= $100/$80 - 1). If that's over two years, that's an annual yield of 11.8% (= 125%^.5 - 1).
Thank you. Yes, you are 100% right. Thanks for catching this. It'll correct it now. In trying to keep the numbers simple, I forgot to think! Thank you.
If you buy something for $80 and sell it for $100, that's a yield of 25% (= $100/$80 - 1). If that's over two years, that's an annual yield of 11.8% (= 125%^.5 - 1).