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Help Q2 Value of Investment. Bob purchased stock in a new social media company for $22 per share shortly after the stock's IPO. The stock

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Value of Investment. Bob purchased stock in a new social media company for $22 per share shortly after the stock's IPO. The stock had been heavily publicized on the Internet. Over the next three years, the stock price declined by 15% each year. What is the company's stock price after three years? After three years, the company's stock price will be $ (Round to the nearest cent.)

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