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1 months ago, you purchased 798 shares of a non-dividend paying stock for $24.57 a share....

1 months ago, you purchased 798 shares of a non-dividend paying stock for $24.57 a share. Today, you sold those shares for $38.33 a share. What was your annualizedrate of return (in percent) on this investment? Answer to two decimals.

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Answer #1

Given that the shares were purchased one month ago at $24.57 per share These shares are non-dividend paying stock, so there w

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