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You sold a stock for $75 that you purchased twelve years earlier for $35. What was the holding period return and annualized compounded returns? Use

You sold a stock for $75 that you purchased twelve years earlier for $35. What was the holding period return and annualized compounded returns? Use Appendix A to answer the questions. Round your answers to the nearest whole number.

Holding period return: %

Annualized compounded return: %

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