Christina bought shares in Beta Inc. paying $70.00. 2 years later she sold them for $84.00 per

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Christina bought shares in Beta Inc. paying $70.00. 2 years later she sold them for $84.00 per share.

a) What annual compound return did she achieve? Express your answer as a percentage.

b) What semi-annual compound return did she achieve? Express your answer as a nominal rate percentage.

Related Book For answer-question

Statistics For Business Decision Making And Analysis

ISBN: 9780321890269

2nd Edition

Authors: Robert Stine, Dean Foster

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Posted Date: Mar 02, 2023 05:33 AM

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Christina bought shares in Beta Inc. paying $70.00. 2 years later she sold them for $84.00 per

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Statistics For Business Decision Making And Analysis

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