SOLUTION: Four years after buying 100 shares of xyz stock for $40 per share, you sell for $6100. The total return is 53% but what is the annual return

SOLUTION: Four years after buying 100 shares of xyz stock for $40 per share, you sell for $6100. The total return is 53% but what is the annual return

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Question 1096885: Four years after buying 100 shares of xyz stock for $40 per share, you sell for $6100. The total return is 53% but what is the annual return
Answer by jorel1380(3719) (Show Source): You can put this solution on YOUR website!
0.53/4=?
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