You bought 300 shares of general electric ge stock at 3200, Ask an Expert

Economics

You bought 300 shares of General Electric (GE) stock at $3,200 on May 21, 2013. Your intention is to keep the stocks until they double in value. If you expect 8% annual growth for GE stock, how many years do you anticipate holding onto the stocks Compute the same, using the Rule of 72.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91708232

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