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Determine what is the annual rate of return

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Reference no: EM132636264

Question 1: You bought McDonald's share for $77 on February 5, 2011 (8 years ago). Today the stock price is $160. What is the annual rate of return, assuming this was compounded daily (365 days in a year)?

Select one:

a. 47.87%

b. 9.14%

c. 2.51%

d. 9.57%

Reference no: EM132636264

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