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Suppose Sally bought Apple stock (AAPL) for $110/share five years ago. Today, AAPL is trading for $255/share. Excluding any dividend payments, what is Sally's ANNUALIZED
Suppose Sally bought Apple stock (AAPL) for $110/share five years ago. Today, AAPL is trading for $255/share. Excluding any dividend payments, what is Sally's ANNUALIZED rate of return for this investment?
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