Business, 07.04.2021 04:20 SunsetPrincess

Louis purchased $5,000 worth of stock three years ago and sold it today for $7,000. He received no dividends from this investment. Inflation averaged 4% during the three years he owned the stock. What was his annualized real rate of return on this investment?

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Louis purchased $5,000 worth of stock three years ago and sold it today for $7,000. He received no d...

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