Question: Ashley purchased a common stock worth $5,000 in year 1 and another worth $10,000 in year 5. Five years after her last investment, she sold
Ashley purchased a common stock worth $5,000 in year 1 and another worth $10,000 in year 5. Five years after her last investment, she sold all her stocks to a buyer for $80,000. Find the rate of return received on the investment.
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