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You Purchased a Stock Eight Months Ago for $55 a Share

Question 18

Multiple Choice

You purchased a stock eight months ago for $55 a share. Today, you sold that stock for $64.50 a share. The stock pays no dividends. What was your annualized rate of return?


A) 17.27%
B) 18.15%
C) 18.35%
D) 19.34%
E) 27.00%

Correct Answer:

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