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Price per share when you made the purchase

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Suppose that 9 years ago, you purchased 293 shares of stock in a corporation. Between then and now, the stock had a 2:1 split and a 5:1 split. Today, each share sells for $14. If selling all of your shares today would give your investment an annual rate of return of 15%, what was the price per share when you made the purchase 9 years ago?

Reference no: EM132203812

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