Solution-What is annual rate of return

What is annual rate of return

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On January 1, 2002, Mike Irwin, Jr., bought 100 shares of stock at $14 per share. On December 31, 2008, he sold the stock for $21 per share. What is his annual rate of return? Interpolate to find the exact answer.

Reference no: EM131157383

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What is annual rate of return : On January 1, 2002, Mike Irwin, Jr., bought 100 shares of stock at $14 per share. On December 31, 2008, he sold the stock for $21 per share. What is his annual rate of return? Interpolate to find the exact answer.

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What is annual rate of return

Reference no: EM131157383

Reference no: EM131157383

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