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use interest factor of the future value of a dollar (appendix A in the problem) Problem 16-02 You sold a stock for $75 that you
use interest factor of the future value of a dollar (appendix A in the problem)
Problem 16-02 You sold a stock for $75 that you purchased fourteen years earlier for $35. What was the holding period return and annualized compounded returns? Use Appendix A to answer the questions. Round your answers to the nearest whole number. Holding period return: Annualized compounded returnStep by Step Solution
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