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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.

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45.00%

30.00%

66.66%

33.33%

29.00%

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