Question: Please explain 5. The following are adjusted closing prices (which include dividends) for Apple Inc. common stock for the last six years. If you had
Please explain
5. The following are adjusted closing prices (which include dividends) for Apple Inc. common stock for the last six years. If you had purchased the stock March 17, 2016 and sold it on March 17, 2021, what would your average annual rate of return have been? Annual Rate of return Date |3/17/2016 3/17/2017 3/17/2018 3/17/2019 3/17/2020 3/17/2021 Adjusted closing price 24.60 33.24 42.94 45.58 62.73 124.761
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