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It now sells for 185 six years later you are going to sell

Assume you do not pay taxes on investment returns you when you sell. You invested in the common stock of facebook when it was selling for $30 per share. It now sells for $185 six years later. You are going to sell the 100 shares you bought. What is your annual rate of return on this investment.

Your annual return is over 40% per year.

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Finance Basics: It now sells for 185 six years later you are going to sell

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Finance Basics: It now sells for 185 six years later you are going to sell

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