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Calculate the Rate of Return on the following: By June 10, 2019, James Stock had saved enough money from his monthly budget to buy 200

Calculate the Rate of Return on the following: By June 10, 2019, James Stock had saved enough money from his monthly budget to buy 200 shares of ABC Company for $60 per share. ABC Company does not pay dividends. By June 10, 2020, his ABC Company shares were worth $15,600. Find his annual Rate of Return as a percentage.

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