Question: Problem 4. You (stockbroker) bought Google stock for a client on the IPO date nine years ago today at the $85 IPO price. (Thus, the

Problem 4. You (stockbroker) bought Google stock for a client on

Problem 4. You (stockbroker) bought Google stock for a client on the IPO date nine years ago today at the $85 IPO price. (Thus, the client has had the stock in her account for nine years). Today, the stock trades for $910 per share. What annual return has the investor earned from holding Google stock in his account. Here, we assume the stock has not paid any dividends. Part 2: would your client be satisfied with this investment (again no exact answer here for part 2 only)

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