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You bought a stock for $100 and have owned it for 3 years. It returned 7.6% in year one, 17% in year two, and 3%
You bought a stock for $100 and have owned it for 3 years. It returned 7.6% in year one, 17% in year two, and 3% in year three. at is the compound annual growth rate (CAR) for the stock over the three-year holding period
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