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What would be the annual compound return on a stock purchase…
What would be the annual compound return on a stock purchased at $20 per share, held for 5years, and sold for $32.22? Ignore brokerage commissions and tax implications and assume thestock paid no dividends during the holding period. Round to the nearest whole percent ifnecessary.
What would be the annual compound return on a stock purchase…
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Whаt wоuld be the аnnuаl cоmpоund return on a stock purchased at $20 per share, held for 5years, and sold for $32.22? Ignore brokerage commissions and tax implications and assume thestock paid no dividends during the holding period. Round to the nearest whole percent ifnecessary.
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