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Annualizing Percentage Returns James Pond and Austin Power compete with each other. Each one argued that he is the best investor. Please be a judge

  1. Annualizing Percentage Returns

James Pond and Austin Power compete with each other. Each one argued that he is the best investor. Please be a judge for them. James Leddy bought 200 shares of XYZ stock three years ago for $23. He sold it for $105, just before the recent ruling on its monopoly status. Austin Power bought 100 shares of LMN stock one year ago for $35 per share. After one year, he sold it for $60 per share; it pays a dividend of $1.00 per share in this period.

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