Four years ago at the end of july 2013 shares of stock in, Finance Basics

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Four years ago at the end of july 2013 shares of stock in

Question: Four years ago, at the end of July 2013, shares of stock in Cummins were selling for about $115 per share. Suppose you purchased a share of Cummins stock at that time. At the end of July 2017, the price per share was about $160. What was your rate of return per year over that four-year period?

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Finance Basics: Four years ago at the end of july 2013 shares of stock in

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