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Teddy purchased 200 shares of XYZ stock at $120 per share 9 years ago. Today he told all 100 shares for $38,000. What was his

Teddy purchased 200 shares of XYZ stock at $120 per share 9 years ago. Today he told all 100 shares for $38,000. What was his average annual compound return on this investment(ignoring taxes and inflation)? (Please use and round to two decimals; do not add % after your answer)

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