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Anne has been researching investments and bought a stock

Anne has been researching investments and bought a stock today for $21 per share. Anne's research tells her that she will be able to sell the stock in 5 years for $61 per share. In this case, what interest rate, in percent, would she earn on this investment?

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Finance Basics: Anne has been researching investments and bought a stock

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Finance Basics: Anne has been researching investments and bought a stock

Reference No:- TGS01720006

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