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questions 4-8. Assume that Incyte Corporation doesn't pay a dividend. End of Year Stock Price Return 2006 $11.98 2007 $2.93 -75.54% 2008 $10.68 264.51% 2009

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questions 4-8. Assume that Incyte Corporation doesn't pay a dividend. End of Year Stock Price Return 2006 $11.98 2007 $2.93 -75.54% 2008 $10.68 264.51% 2009 $14.74 38.01% 2010 $17.70 20.08% 2011 $16.61 -6.16% 2012 $18.38 10.66% 2013 $65.52 256.47% 2014 $79.71 21.66% 2015 $70.56 -11.48% 2016 $121.21 71.78% The sum of squares equals 11.439273469. If you purchased this stock at the end of 2008 and sold it at the end of 2015, your holding period return would be: 521.43% -84.86% 560.67% 81.24% If you purchased this stock at the end of 2006 and sold it at the end of 2014, your annualized return would be: 26.73% O-21.09% O 3,841,031.03% 30.18%

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