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Twenty years ago you purchased one (1) share of Apples stock for $0.446, today it is trading at $165.29 per share. What has been your
Twenty years ago you purchased one (1) share of Apples stock for $0.446, today it is trading at $165.29 per share. What has been your annual rate of return? In the Spring of 2002 (20 years ago) the highest capacity iPod sold for $499. If Professor Schmutz bought Apple stock instead of the iPod, how much would he have today?
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