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You purchased a stock in Jan 1, 2000 for $18. It raised in price as follows (Jan 1, 2001 =$22, Jan 1, 2002=$33, Jan 1, 2003=$44). Assuming that the stock paid no dividends, then what was your average and compound return (respectively) if you sold the stock in Jan 1, 2003.

Financial Management, Finance

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