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8 years ago, you purchased shares of stock in a corporation. Between then and now, the stock had a 3:1 split, and the pr

Posted: Sun May 08, 2022 10:35 am
by answerhappygod
8 years ago, you purchased shares of stock in a corporation.
Between then and now, the stock had a 3:1 split, and the price per
share increased by 27%. What would be the rate of return on your
investment if you sold your shares today? Round your answer to the
nearest tenth of a percent.