What was price per share when you made purchase ten year

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Reference no: EM132053130

Suppose that 10 years ago, you purchased 206 shares of stock in a corporation. Between then and now, the stock had a 3:1 split and a 5:1 split. Today, each share sells for $19. If selling all of your shares today would give your investment an annual rate of return of 7%, what was the price per share when you made the purchase 10 years ago?

Reference no: EM132053130

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