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You purchased 100 shares of stock for $5 per share. After holding the stock for 9 years and not receiving any dividends, you sell the

You purchased 100 shares of stock for $5 per share. After holding the stock for 9 years and not receiving any dividends, you sell the stock for $40 per share. What are the holding period and annual return on this investment?

A) 920%, 30.48%

B) 700%, 25.99%

C) 920%, 27.66%

D) 700%, 30.48%

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