What is the stocks annualized rate of return

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Q1) The average cost of living for a family of 4 in New York City is $125,000 in 2019. If the average inflation rate had been 5% since 2015, what would be the cost of living in 2015 dollars?

Q2) You invested in a stock 4 months ago for $12 per share. Now it is worth $15 per share. What is the stock's annualized rate of return (EAR)?

Reference no: EM132531333

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