You bought 1000 shares of Huawei's stock at $32.20 per share 4 years ago and now you
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You bought 1000 shares of Huawei's stock at $32.20 per share 4 years ago and now you decided to sell it to travel to Europe this summer holiday. Now the market price of the stock is $59.70. What are the (1) holding period return, (2) average annual return, and (3) the annualized rate of return?
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Authors: Mitchell McInnes, Ian R. Kerr, J. Anthony VanDuzer
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