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Over a 15-Year Period, Tariq's Investment in Cameco Stock Grew

Question 68

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Over a 15-year period, Tariq's investment in Cameco stock grew in value from $3000 to $19 847. During the same period, the consumer price index rose from 88.31 to 118.91. What was his real compound annual rate of interest on the stock during this period?

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With the CPI up from 88.31 to 118.91, Ta...

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