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You were offered to buy shares of stock of a newly listed company. You decided to take 300 shares at Php 1200 per share. You

You were offered to buy shares of stock of a newly listed company. You decided to take 300 shares at Php 1200 per share. You plan on selling these shares when the market value doubles. If the prevailing rate of increase is 12% per year, how long do you expect to wait until you decide to sell your shares of stock?

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