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Problem 16-02 You sold a stock for $95 that you purchased thirteen years earlier for $40. What was the holding period return and annualized compounded

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Problem 16-02 You sold a stock for $95 that you purchased thirteen years earlier for $40. What was the holding period return and annualized compounded returns? 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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