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Joshua Bought a Stock for $17 a Share Two Years

question 91

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Joshua bought a stock for $17 a share two years ago. The stock does not pay any dividends. Today Joshua sold the stock for $18.50 a share. What was his internal rate of return on this investment?


Definitions:

Brain's Reward Pathway

A neural pathway in the brain that releases dopamine in response to experiences perceived as rewarding, motivating repetition of those behaviors.

Tolerance

The need to take increasing amounts of a drug to get the same effect.

Marijuana

A psychoactive drug from the Cannabis plant used for medical or recreational purposes.

Dopamine Dependence

A condition where an individual's normal neurobiological reward system becomes excessively reliant on activities or substances that significantly increase dopamine levels.

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