Question
You purchase stock in High Flyer Inc on December 31, 2014 at $31 per share. On December 31, 2020 it is trading at $63 per
You purchase stock in High Flyer Inc on December 31, 2014 at $31 per share. On December 31, 2020 it is trading at $63 per share. What is the compound annual growth rate for HFI over this period?
Question 7 options:
|
| 12.55% |
|
| 10.29% |
|
| 16.22% |
|
| 14.57% |
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
13th edition
1439078106, 111197375X, 9781439078105, 9781111973759, 978-1439078099
