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Mr . Dow bought 1 0 0 shares of stock at $ 1 5 per share. Three years later, he sold the stock for $

Mr. Dow bought 100 shares of stock at $15 per share. Three years
later, he sold the stock for $21 per share.What is his annual rate of return? UseAppendix Bfor
an approximate answer, but calculate your final answer using the
financial calculator method.(Do not round
intermediate calculations. Round your final answer to 2 decimal
places.)

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