What is billy bob annual rate of return
Problem: In January, 1950, Billy Bob bought 100 shares of Stock in Ben's Barbeque, Inc. for $37.50 per share. He sold them in January, 2004 for a total of $9,715.02. What is Billy Bob's annual rate of return?
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In January, 1950, Billy Bob bought 100 shares of Stock in Ben's Barbeque, Inc. for $37.50 per share. He sold them in January, 2004 for a total of $9,715.02. What is Billy Bob's annual rate of return?
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Comparing Investment Criteria, Consider the following two mutually exclusive projects:Whichever project you choose, if any, you require a 15 percent return on your investment.
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Problem: Calculate the totals change in a year's GDP: You win $25,000 in your state lottery. Ever the entrepreneur, you decide to open a Ping Pong ball washing service, buying $15,000 worth of equipment fro Spiffy Ball Ltd, Of Hong Kong and $10,00
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