2 months ago, you purchased 857 shares of a non-dividend paying stock for $23.48 a share. Today,...

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2 months ago, you purchased 857 shares of a non-dividend paying stock for $23.48 a share. Today, you sold those shares for $34.35 a share. What was your annualized rate of return (in percent) on this investment? Answer to two decimals.

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Basic Finance An Introduction to Financial Institutions Investments and Management

ISBN: 978-1111820633

10th edition

Authors: Herbert B. Mayo

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Posted Date: Jan 19, 2023 02:22 AM

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2 months ago, you purchased 857 shares of a non-dividend paying stock for $23.48 a share. Today,...

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Basic Finance An Introduction to Financial Institutions Investments and Management

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