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Problem 9-33 Yield on investment (LO9-4] Mr. Dow bought 100 shares of stock at $11 per share. Three years later, he sold the stock for
Problem 9-33 Yield on investment (LO9-4] Mr. Dow bought 100 shares of stock at $11 per share. Three years later, he sold the stock for $17 per share. points 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.) eBook Annual rate of return Hint Print References
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