What was annual rate of return on your four-year investment

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On August 30, 2012, shares of stock in Eli Lilly were selling for $45.00 per share. On August 30, 2016, the shares were priced at $78.35. If you bought shares four years ago for $45.00 per share and sold them now for $78.35 per share, what was the annual rate of return on your four-year investment?

Reference no: EM131197560

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