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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 $ in a stock that trades at $ share and has a PE ratio of The company's earnings grow at compounded annually and years later the stock is trading at a PE ratio of
a Find the initial and final share prices
b Find your annualized compounded rate of return over the year investment.
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