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10 years ago, you purchased shares of stock in a corporation. Between then and now, the stock had a 3:1 split, and the price per share increased by 21%, what would be the rate of return on your investment if you sold your shares today? Round your answer to the nearest tenth of a percent.

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Answer #1

a20 and 5tock31 spi- and » Peice fes shase ncseased of 21. z 121x = 3.21 -) (ltijlo 3.21 lti - \-13760 1-1-13760-1 9 = o , 137 60x100 i- 13.a60

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