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Please show and double check your work. Question 1 1 pts 3 months ago, you purchased 795 shares of a non-dividend paying stock for $27.42

Please show and double check your work.

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Question 1 1 pts 3 months ago, you purchased 795 shares of a non-dividend paying stock for $27.42 a share. Today, you sold those shares for $38.49 a share. What was your annualized rate of return (in percent) on this investment? Answer to two decimals. 40.37

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