Twenty years ago you purchased one (1) share of Apple’s stock for $0.446, today it is trading at $165.29 per share. Wha

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answerhappygod
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Twenty years ago you purchased one (1) share of Apple’s stock for $0.446, today it is trading at $165.29 per share. Wha

Post by answerhappygod »

Twenty years ago you purchased one (1) share of Apple’s stock
for $0.446, today it is trading at $165.29 per share. What
has been your annual rate of return? In the Spring of 2002
(20 years ago) the highest capacity iPod sold for $499. If
Professor K. bought Apple stock instead of the iPod, how much would
he have today?
Please show work
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