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From the following price data, compute the annual rates of return for Lukas Co and Kruger Co companies: How would you interpret the meaning of

From the following price data, compute the annual rates of return for Lukas Co and Kruger Co companies: image text in transcribed

How would you interpret the meaning of the annual rates of return? Picture the problem, decide on a solution strategy, solve and analyze.

Time 1 Lucas Co 10 $ 12 2 3 4 Kruger Co 30 $ 28 32 35 11 13

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