It took roughly 14 years for the Dow Jones Average of 30 Industrial Stocks to go from

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It took roughly 14 years for the Dow Jones Average of 30 Industrial to go from 1,000 to 2,000. To double from 2,000 to 4,000 took only 8 years, and to go from 4,000 to 8,000 required roughly 2 years. To the nearest whole percent, what compound annual growth rates are implicit in these three index-doubling milestones?
Stocks
Stocks or shares are generally equity instruments that provide the largest source of raising funds in any public or private listed company's. The instruments are issued on a stock exchange from where a large number of general public who are willing...

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Fundamentals Of Financial Management

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13th Revised Edition

Authors: James Van Horne, John Wachowicz

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Question Posted: Dec 07, 2015 05:36 AM

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It took roughly 14 years for the Dow Jones Average of 30 Industrial Stocks to go from

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Fundamentals Of Financial Management

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