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If You Purchased a Share of Mico

Question 63

Multiple Choice

If you purchased a share of Mico.com stock on March 1,1993 for $45 and you sold the stock at $168 on February 28,1998,what was your annual rate of return on the stock?


A) 83%
B) 75%
C) 20%
D) 30%
E) 50%

Correct Answer:

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