You buy a stock for 56 after a month the price rises to 64


You buy a stock for $56. After a month the price rises to $64 but falls back to $56 at the end of the second month. What was the average percentage return and what was the true annualized return?

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Financial Management: You buy a stock for 56 after a month the price rises to 64
Reference No:- TGS01390640

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