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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Authors: Anthony Saunders, Marcia Cornett
8th Edition
1264098723, 978-1264098729
