Teddy purchased 100 shares of XYZ stock at $120 per share 9 years ago. Today he sold
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Teddy purchased 100 shares of XYZ stock at $120 per share 9 years ago. Today he sold all shares for $24,000. What was hi average annual compound return on this investment (ignoring taxes and inflation)?
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South-Western Federal Taxation 2019 Essentials of Taxation Individuals and Business Entities
ISBN: 9781337702966
22nd edition
Authors: William A. Raabe, James C. Young, Annette Nellen, David M. Maloney
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