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What would be the return on a stock purchased at $20 per share, held for 5 years, and sold for $32.22? Ignore brokerage commissions and
What would be the return on a stock purchased at $20 per share, held for 5 years, and sold for $32.22? Ignore brokerage commissions and tax implications and assume the stock paid no dividends during the holding period. Round to the nearest whole percent if necessary. 16% 15% 39. 109
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