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A Stock Investor Deposited $3,450 Six Years Ago

Question 95

Multiple Choice

A stock investor deposited $3,450 six years ago. Today the account is valued at $2,180. What annual rate of return has this investor earned?


A) −7.95 percent
B) −7.37 percent
C) −10.26 percent
D) −9.74 percent

Correct Answer:

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