Determine the return on your investment


Apple Computer sold shares in an initial public offering (IPO) for $22 per share on December 12 of 1980. Since then, the stock has split 2-for-1 three times: June of 2000, June of 1987, and February of 2005. If you bought hundred shares at IPO and sell your shares for $225 each on December 12 of 2010, determine the return on your investment?

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Macroeconomics: Determine the return on your investment
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