Emma bought 100 shares of stock a year ago for $53 per share. She received no dividends

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Emma bought 100 shares of stock a year ago for $53 per share. She received no dividends on the stock and sold the stock today for $38 per share. What is Emma’s annualized return on the stock?

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Personal Finance

ISBN: 978-0134724713

4th Canadian edition

Authors: Jeff Madura, Hardeep Singh Gill

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Question Posted: May 24, 2019 12:07 PM

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Emma bought 100 shares of stock a year ago for $53 per share. She received no dividends

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Emmas return on the stock is 3947 Recall that Emma purc...View the full answer

Personal Finance

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