Question: Google ( now called Alphabet ) went public April 2 0 0 4 with a share price of $ 8 4 . Since then, the
Google now called Alphabet went public April with a share price of $ Since then, the company split its stock into two classifications GOOGA & GOOGB Since then, each share class split again : An investor who bought one share of Google in April at the initial public offering IPO price of $ would now own shares of GOOGA & shares of GOOGB Assume that in April the prices of GOOGA & GOOGB were $ & $ per share respectively. What was the investor's annualized return during this period?
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