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If an investor buys shares in a no-load mutual fund for $30 and after nine years the shares appreciate to $56, what is (a) the

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If an investor buys shares in a no-load mutual fund for $30 and after nine years the shares appreciate to $56, what is (a) the percentage return and (b) the annual compound rate of return using time value of money? Round your answers to two decimal places. a. percentage return: b. annual compound rate of return

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