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Carl bought 2,000 shares of Lassiter Enterprises stock at $52 per share. He sold them 15 months later at $62 per share. What was his
Carl bought 2,000 shares of Lassiter Enterprises stock at $52 per share. He sold them 15 months later at $62 per share. What was his annualized return on this transaction?
(Enter your percentage answer as a number rounded to 2 decimal places. For example, 10.25% would be entered as 10.25)
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