What interest rate did she obtain on her investment

Reference no: EM132157810

Question: A woman made 10 annual end-of-year purchases of $1000 worth of common stock. The stock paid no dividends. Then for 4 years she held the stock. At the end of the 4 years she sold all the stock for $28,000. What interest rate did she obtain on her investment. The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132157810

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