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You sold 100 shares of stock today for $30 per share that you paid $20 for 6 years ago. Determine the average annual rate of

You sold 100 shares of stock today for $30 per share that you paid $20 for 6 years ago. Determine the average annual rate of return on your investment, assuming the stock paid no dividends.

a. 25%

b. 8.33%

c. 150%

d. 7%

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