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On January 1, 2016, Charley Dow bought 1,000 shares of stock at $26 per share. On December 31,2018 , he sold the stock for. $32

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On January 1, 2016, Charley Dow bought 1,000 shares of stock at $26 per share. On December 31,2018 , he sold the stock for. $32 per share. What was his annual rate of return? (Use a Financial calculator to arrive at the answer. Round the final answer to 2 decimal places,) Annual rate of return

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