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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?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M93040608

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