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25-09-2017
Business

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You purchased 100 shares of stock for $5 per share. After holding the stock for 8 years and not receiving any dividends, you sell the stock for $42 per share. What are the holding period and annual return on this investment?

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Wacimbenyaya Wacimbenyaya

25-09-2017

Holding period = 8 years
ROI / year = (42 - 5)/8 = 4,62 $ a year
(not sure)

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