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You buy a stock for $41.07 and 10 years later it is worth $66.52. What was your average annual rate of return? A. 5.00% B.

You buy a stock for $41.07 and 10 years later it is worth $66.52. What was your average annual rate of return?

A.

5.00%

B.

4.94%

C.

6.20%

D.

16.20%

E.

None of these

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