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After 20 years, 100 shares of stock originally purchased for $500 was sold for $4000. What was the yield (annual rate of return) on this
After 20 years, 100 shares of stock originally purchased for $500 was sold for $4000. What was the yield (annual rate of return) on this investment? Choose the closest answer from those below. a) 8 percent b) 800 percent c) 12.7 percent d) 11 percent e) 20 percent
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