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What is your annual rate of return on investment

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Assume you do not pay taxes on investment returns you when you sell. You invested in the common stock of facebook when it was selling for $30 per share. It now sells for $185 six years later. You are going to sell the 100 shares you bought. What is your annual rate of return on this investment.

Your annual return is over 40% per year.

Reference no: EM131833611

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