Facebook inc went public on may 18 2012 the initial public, Finance Basics

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Facebook inc went public on may 18 2012 the initial public

Question: Facebook Inc. went public on May 18, 2012. The initial public offering $38.00 share. If the stock traded at 118.82 on May 17, 2016, what would be the compound annual return on investment be for the investors who purchased the stock and held it for four years? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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Finance Basics: Facebook inc went public on may 18 2012 the initial public

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