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(Calculating rates of return)On December 10, 2007, the common stock of Google Inc. (GOOG) was trading for $718.42. One year later the shares sold for
(Calculating rates of return)On December
10,
2007, the common stock of Google Inc. (GOOG) was trading for
$718.42.
One year later the shares sold for only
$308.82.
Google has never paid a common stock dividend. What rate of return would you have earned on your investment had you purchased the shares on December
10,
2007?
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