You bought 10 shares of AMZN at $95/share in December 2022. Amazon does not pay a dividend;
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Question:
You bought 10 shares of AMZN at $95/share in December 2022. Amazon does not pay a dividend; assume it will not change this policy over your holding period. In December 2023, the price is $125/share, In December 2024, the price is $120/share, and in December 2025, when you sell, the price is $135/share.
What is your annualized return over this holding period?
Related Book For
Accounting Principles
ISBN: 9781119707110
14th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Jill E. Mitchell
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