After 10 Years,1,000 Shares of Stock Originally Purchased for $10/share

question 33

Multiple Choice

After 10 years,1,000 shares of stock originally purchased for $10/share was sold for $50/share.What was the annual yield on the investment? Choose the closest answer assuming annual compounding.

• A) 500.00%
• B) 5.00%
• C) 12.70%
• D) 17.46%

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