Calculate average annual rate of return

Reference no: EM1344350

In November of 1998 you bought 100 shares of Microsoft stock for $35.375 a share. In November of 2000, hearing about an unfavorable ruling against Microsft by a federal judge, you sold your stock at $92.5625 a share. What was your average annual rate of return on your Microsoft investment?

Reference no: EM1344350

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