Business, 20.11.2019 21:31 jlbradley429
The diagonal stamp company, which sells used postage stamps to collectors, advertises that its average price has increased from $1 to $5 in the last 5 years. thus, management states, investors who had purchased stamps from diagonal 5 years ago would have received a 100% rate of return each year. what is the annual rate of return?
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