Question
Mr. Dow bought 100 shares of stock at $20 per share. Three years later, he sold the stock for $26 per share. What is his
Mr. Dow bought 100 shares of stock at $20 per share. Three years later, he sold the stock for $26 per share.
What is his annual rate of return? Use Appendix B for 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.)
Annual rate of return ____%?
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The Oxford Handbook Of The Sociology Of Finance
Authors: Karin Knorr Cetina, Alex Preda
1st Edition
0198708777, 978-0198708773
