Mr. Dow bought 100 shares of stock at $21 per share. Three years later, he...

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Finance

Mr. Dow bought 100 shares of stock at $21 per share. Three years later, he sold the stock for $27 per share.

What is his annual rate of return? Use Appendix B for an approximate answer, but calculate your final answer using the financial calculator method.

Annual rate of return _______%

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