You invest in a stock for 5 years and earn a holding period return of 30% over
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You invest in a stock for 5 years and earn a holding period return of 30% over that period. What is your effective annual rate?
Related Book For
Corporate Finance Core Principles and Applications
ISBN: 978-1259289903
5th edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan
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