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If a security is purchased for $487,912.21 and sold 274 days later for $503,012.11 and the annual return from cash is 3.65%... The investment generated
If a security is purchased for $487,912.21 and sold 274 days later for $503,012.11 and the annual return from cash is 3.65%...
The investment generated the same annualised return as cash
The investment generated a lower annualised return than cash
There is insufficient information to compare the two returns T
he investment generated a higher annualised return than cash
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