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In January, 1950, Billy Bob bought 100 shares of Stock in Bens Barbeque, Inc. for $37.50 per share. He sold them in January, 2004 for
In January, 1950, Billy Bob bought 100 shares of Stock in Bens Barbeque, Inc. for $37.50 per share. He sold them in January, 2004 for a total of $9,715.02. What is Billy Bobs annual rate of return?
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