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You bought 450 Apple stock shares at a price of $2.56. The firm conducted a 1:15 reverse share split some time later and you eventually
You bought 450 Apple stock shares at a price of $2.56. The firm conducted a 1:15 reverse share split some time later and you eventually sold your entire position for $19.50 per share 4 years later. 1. How many shares do you own in the end? 2.What was your holding return percentage? 3. What was your effective annual return?
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