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If you bought a stock for $45 dollars and could sell it fifteen years later for three times what you originally paid. What was your
If you bought a stock for $45 dollars and could sell it fifteen years later for three times what you originally paid. What was your return on owning this stock?
I need to know the formula. I used the r=(135/45)^1/15 -1 but I am not sure on my answer. Please assist
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