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Question 51

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Provide an appropriate response.
-An investor purchased 150 shares of a stock at $15.80 per share. The investor holds the stock for 39 weeks and then sells
the stock for $19.25 per share. Use the commission schedule for this company given below to find the annual rate of
interest earned by this investor. Express your answer as a percentage, correct to one decimal place. Provide an appropriate response. -An investor purchased 150 shares of a stock at $15.80 per share. The investor holds the stock for 39 weeks and then sells the stock for $19.25 per share. Use the commission schedule for this company given below to find the annual rate of interest earned by this investor. Express your answer as a percentage, correct to one decimal place.

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