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11. A share of stock increased 2% in a week. If it could continue to grow at the same rate for a year, what would

11. A share of stock increased 2% in a week. If it could continue to grow at the same rate for a year, what

would the effective annual rate of return be?

A. 52% B. 104% C. 180% D. 280% E. 300%

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