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When President Obama took office in Jan 2009, the S&P 500 was at 805.22. When he left eight years later, the S& P 500 was at 2271.31 (does not include dividends). What was the annual rate of return during his Presidency?

a. 28.2%

b. 15.9%

c. 10.9%

d. 282.1%

Financial Management, Finance

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  • Reference No.:- M92397338

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