Multiple Choice
Joshua bought a stock for $17 a share two years ago. The stock does not pay any dividends. Today Joshua sold the stock for $18.50 a share. What was his internal rate of return on this investment?
A) 4.3%.
B) 7.1%.
C) 8.8%.
D) 6.2%.
Correct Answer:
Verified
Correct Answer:
Verified
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