Felice Navidad purchases 2,000 shares of NOW Technology stock at $4 in Christmas 2008. Four years later,

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Felice Navidad purchases 2,000 shares of NOW Technology stock at $4 in Christmas 2008. Four years later, in Christmas of 2012 she sells the stock at $28 per share. What is Felice’s internal rate of return?
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Entrepreneurial Finance

ISBN: 978-0133140514

6th edition

Authors: Philip J. Adelman; Alan M. Marks

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