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You bought a stock for $28.29 and sell it for $35 after four years. What was the true annual rate of return (compounded)? 5.93% 7.35%
You bought a stock for $28.29 and sell it for $35 after four years. What was the true annual rate of return (compounded)?
5.93% | ||
7.35% | ||
5.47% | ||
7.91% |
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