You buy a stock for $30, which you expect to grow at a rate of 7% each
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You buy a stock for $30, which you expect to grow at a rate of 7% each year. How long will it be before the stock is worth $60?
If you can earn 10% annual interest, how long does it take for your investment to double?
Related Book For
Financial Management Principles and Applications
ISBN: 978-0133423822
12th edition
Authors: Sheridan Titman, Arthur Keown, John Martin
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