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Two years ago, Stock CCC was selling for $.58. Since that time, Stock CCC has increased in price by $.50 each successive year. If you

Two years ago, Stock CCC was selling for $.58. Since that time, Stock CCC has increased in price by $.50 each successive year. If you had $1,000 invested in the stock throughout the entire time, what was your cumulative geometric return? No dividends were paid.

a. 82.47%

b. 132.51%

c. 261.11%

d. 172.42%

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