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Elise just sold a stock and realized a 6.2 percent return for a 4-month holding period. What was her annualized rate of return? 11.98 percent

Elise just sold a stock and realized a 6.2 percent return for a 4-month holding period. What was her annualized rate of return?

11.98 percent

14.78 percent

19.78 percent

21.29 percent

27.20 percent

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