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