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As an angel investor, Peter A Thiel (the founder of paypal) invested $500,00 in facebook in September 2004. He paid $0.025 per share. If he

As an angel investor, Peter A Thiel (the founder of paypal) invested $500,00 in facebook in September 2004. He paid $0.025 per share. If he sold all of his shares at the price of $38 per share in May 2012. Assume a holding period of 92 months, what is his annualized return from his facebook investment?

A none of the answer

B 176.47%

C 160.03%

D 177.44%

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