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15 June, 07:33

You purchased 100 shares of stock for $5 per share. After holding the stock for 8 years and not receiving any dividends, you sell the stock for $42 per share. What are the holding period and annual return on this investment?

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  1. 15 June, 08:56
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    Holding period = 8 years

    ROI / year = (42 - 5) / 8 = 4,62 $ a year

    (not sure)
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