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INFO UPDATED Growth rates Jamie El-Erian is a savvy investor. On January 1, 2010, she bought shares of stock in Amazon, Chipotle Mexican Grill, and
INFO UPDATED
Growth rates Jamie El-Erian is a savvy investor. On January 1, 2010, she bought shares of stock in Amazon, Chipotle Mexican Grill, and Netflix. The table, shows the price she paid for each stock, the price she received when she eventually sold her shares, and the date on which she sold each slock. Calculate the average annual growth in each company's share price over the time that Jamie held its stock. The average annual growth for Amazon is%. (Round to two decimal places.) The average annual growth for Chipotle is %. (Round to two decimal places.) The average annual growth for Netflix is%. (Round to two decimal places.) Stock Amazon Chipotle Netflix Purchase price $131 95 11 Selling price $752 302 113 Sale date January 1, 2017 January 1, 2013 January 1, 2016Step by Step Solution
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