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What was his annualized holding period return

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Question - Four years ago, Lamar initially invested $16,000 in a pharmaceutical company. The total return when he sold the stock was $5,230. What was his annualized holding period return?

Reference no: EM133132060

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What was his annualized holding period return : Four years ago, Lamar initially invested $16,000 in a pharmaceutical company. What was his annualized holding period return
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