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Dashboard Vy wud (3pts) One share of Tesla stock has increased in value from $61/share in February 2010 to $4010 in February 2021. Suppose instead
Dashboard Vy wud (3pts) One share of Tesla stock has increased in value from $61/share in February 2010 to $4010 in February 2021. Suppose instead that an investor had taken her $61 and deposited it in a bank for two years. What bank interest rate would be required to earn the same profit as the investment in the Tesla stock? Ignore the effects of inflation in this problem. Give your answer as a decimal (for example, 10% would be expressed as 0.10). of uestion
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