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Token Ring Technologies, Inc., unfortunately went bankrupt after 4 years of business. Calculate the true return on the stock of an investor who bought the
Token Ring Technologies, Inc., unfortunately went bankrupt after 4 years of business. Calculate the true return on the stock of an investor who bought the shares when the company started, and held the stock all 4 years, based on the following returns: Year 1: +75% Year 2: +110% Year 3: -45% Year 4: -100% Multiple Choice -55% -100% -38% -73% +10%
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