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An individual invested 106.40 in the stock market and the value of his investment two years later is 138.22. What are the simple and continuously
An individual invested 106.40 in the stock market and the value of his investment two years later is 138.22. What are the simple and continuously compounded returns on his investment?
Select one:
a. 26% and 30%, respectively
b. 29% and -34%, respectively
c. 30% and 26%, respectively
d. 30% and 30%, respectively
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