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An analyst gathered the following information about a common stock investment. Stock purchase (1), 15 Jan 2006, $86.00. Stock purchase (1), 15 Jan 2007, $94.00.
An analyst gathered the following information about a common stock investment. Stock purchase (1), 15 Jan 2006, $86.00. Stock purchase (1), 15 Jan 2007, $94.00. Stock sale (2@106), 15 Jan 2008, $212.00. The stock does not pay a dividend. The money-weighted and time-weighted rates of return on the investment are closest to
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