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What is the full form of "CAGR"?

A. Cost of Asset Growth Rate

B. Capital Asset Gross Ratio

C. Capital Allownce Grand Rate

D. Compound Annual Growth Rate

Answer: Option D

Solution(By Examveda Team)

Compound annual growth rate (CAGR) is the rate of return that would be required for an investment to grow from its beginning balance to its ending balance, assuming the profits were reinvested at the end of each year of the investment’s life span.

This Question Belongs to Abbreviations >> Business Abbreviations

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