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What was the rate of return on the investment

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Question: An investment of $5000 in Biotech common stock proved to be very profitable. At the end of 3 years the stock was sold for $25000. What was the rate of return on the 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: EM132122863

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