Question
You purchased shares of Disney ten years ago that cost $1000 in total. Today the shares are worth $2800. What is the annualized rate of
- You purchased shares of Disney ten years ago that cost $1000 in total. Today the shares are worth $2800. What is the annualized rate of return on the shares of Disney? Note: This is an investment problem where your investment in Disney has grown over the time period at some rate (annualized)
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Financial Accounting and Reporting a Global Perspective
Authors: Michel Lebas, Herve Stolowy, Yuan Ding
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