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You invest $ 1 0 0 , 0 0 0 in a stock that trades at $ 5 0 ? share and has a P

You invest $100,000 in a stock that trades at $50? share and has a P/E ratio of 30. The company's earnings grow at 10% compounded annually and 5 years later the stock is trading at a P/E ratio of 25.
a. Find the initial and final share prices
b. Find your annualized compounded rate of return over the 5 year investment.
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