Your grandfather invested 1000 in a stock 47 years ago, Financial Management

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Your grandfather invested 1000 in a stock 47 years ago

Your grandfather invested $1,000 in a stock 47 years ago. Currently the value of his account is $318,000. What is his geometric return over this period? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Omit the "%" sign in your response.)

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Financial Management: Your grandfather invested 1000 in a stock 47 years ago

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