What is your Effective Annual Return?

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter8: Basic Stock Valuation
Section: Chapter Questions
Problem 2P
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You buy shares of Boeing at $140 per share and you sell those shares at $238 per share in exactly 7 months.
What is your Effective Annual Return?
Numeric Response
Transcribed Image Text:You buy shares of Boeing at $140 per share and you sell those shares at $238 per share in exactly 7 months. What is your Effective Annual Return? Numeric Response
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