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You bought 5,000 shares of Company A's stock at $28 a share. Your intention is to hold the stock until your investment doubles in
You bought 5,000 shares of Company A's stock at $28 a share. Your intention is to hold the stock until your investment doubles in value. If you project 12% annual growth for the value of Company A's stock, how many years do you expect to hold it to reach your goal? How long for it to triple in value?
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Contemporary Engineering Economics
Authors: Chan S. Park
5th edition
136118488, 978-8120342095, 8120342097, 978-0136118480
