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50 years ago your parents purchased a non-dividend paying share in Tinder Ltd for $0.21. Today that share is worth $12.60. Which of the following
50 years ago your parents purchased a non-dividend paying share in Tinder Ltd for $0.21. Today that share is worth $12.60. Which of the following is closest to the average annual geometric rate of return that your parents have earned on the share?
Group of answer choices 8.53% 5.73% 5.20% 9.08%
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