A stock investor deposited 1000 five years ago in a


A stock investor deposited $1000 five years ago in a non-dividend paying stock. Today the stock is valued at $1,246. What annual rate of return has this investor earned?

Solution Preview :

Prepared by a verified Expert
Finance Basics: A stock investor deposited 1000 five years ago in a
Reference No:- TGS02311525

Now Priced at $10 (50% Discount)

Recommended (93%)

Rated (4.5/5)