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Question 7 1 pts Today you purchased XYZ stock for $61 per share. You will keep the stock for 7 years and then sell it.
Question 7 1 pts Today you purchased XYZ stock for $61 per share. You will keep the stock for 7 years and then sell it. You hope to make an average annual return of at least 9% on this investment. What does the share price have to be in the future for you to make the desired rate of return? Round your answer to 2 decimals, for example 100.12
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