Cecilia Bought 100 Shares of Minnesota Mining and Manufacturing in June

question 87

Multiple Choice

Cecilia bought 100 shares of Minnesota Mining and Manufacturing in June, 1987 for $38 a share for a total investment of $3,800.She sold the shares in June, 1996 for $8,960.What is Cecilia's annual rate of return on her investment?

• A)10%
• B)10.6%
• C)11%
• D)11.2%

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Definitions:

Eliminate Distractions

The process of removing or reducing disturbances or interruptions that hinder focus or productivity.

Relationship Maintenance Strategy

Actions or behaviors used in a relationship to ensure its continuity, satisfaction, and health over time.

Positivity Strategy

involves using affirmative and constructive communication or actions to foster positive interpersonal relationships.

Suppressing Complaints

The act of intentionally holding back or not expressing dissatisfaction or grievances in order to avoid conflict or maintain harmony in relationships.