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You bought a stock for $200 and sold it for $300 after five (5) years. What was the annual rate of return? SHOW THE CALCULATIONS
You bought a stock for $200 and sold it for $300 after five (5) years. What was the annual rate of return? SHOW THE CALCULATIONS TO GET CREDIT. IF USING A FINANCIAL CALCULATOR OR EXCEL, LIST YOUR INPUTS. SHOW THE RETURN ASA PERCENTAGE WITH ONE (1) DECIMAL PLACE. (If you use a financial calculator or excel, remember to enter cash outflows as negative)
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