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Calculate the rate of return based on the following information: 150,000 shares of stock is purchased at $15.00 per share. No dividend was paid out,
Calculate the rate of return based on the following information: 150,000 shares of stock is purchased at $15.00 per share. No dividend was paid out, and the total value of the stock is $3,000,000 at the end of the period.
Group of answer choices
45.00%
30.00%
66.66%
33.33%
29.00%
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