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Problem 16-01 What are the holding period and the annualized compounded returns if you buy a stock for $50 and sell it for $60 after

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Problem 16-01 What are the holding period and the annualized compounded returns if you buy a stock for $50 and sell it for $60 after eight years? Use Appendix A to answer the questions. Round your answers to the nearest whole number. Holding period return: % Annualized compounded return: %

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