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Suppose you purchased Microsoft stock, which earned 45% the first year, earned 50% the second year, and lost 48% the third year. Your total compounded
Suppose you purchased Microsoft stock, which earned 45% the first year, earned 50% the second year, and lost 48% the third year. Your total compounded return over this 3-year stretch was Multiple Choice 4700% 13.10% 4372 4.37% 221,90%
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