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You bought a stock for $37.80 and sold it 7 months later for $40.18 with no dividends paid. What is your (a) Simple annual return;
You bought a stock for $37.80 and sold it 7 months later for $40.18 with no dividends paid. What is your (a) Simple annual return; and Compounded annual return?
- A.
3.7%; 3.6%
- B.
11.0%; 10.8%
- C.
3.6%; 3.7%
- D.
10.8%; 11.0%
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International Business
Authors: Ricky W. Griffin, Michael W. Pustay
9th Edition
272390
