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ABC stock price peaked at 6000% of it's I.P.O. price than 14 years after the I.P.O. Suppose that $20,000 invested in ABC at it's I.P.O.
ABC stock price peaked at 6000% of it's I.P.O. price than 14 years after the I.P.O. Suppose that $20,000 invested in ABC at it's I.P.O. price had been worth $1,200,000.00 after 14 years. What would the nominal interest rate compounded annually be? The annual rate of return would have been \%
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