You purchased 100 shares of stock for $5 per share.After holding the stock for 8 years and not receiving any dividends,you sell the stock for $42 per share.What are the holding period and annual return on this investment?
A) 920%,41.63%
B) 740%,30.48%
C) 625%,27.66%
D) 185%,14.42%
Correct Answer:
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