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You Purchased a Stock Eight Months Ago for $36 a Share

Question 107

Multiple Choice

You purchased a stock eight months ago for $36 a share. Today, you sold that stock for $41.50 a share. The stock pays no dividends. What was your annualized rate of return?


A) 23.32%
B) 23.77%
C) 25.70%
D) 26.03%
E) 27.67%

Correct Answer:

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