Growth rates Jamie El-Erian is a savvy investor. On January 1, 2010, she bought shares of stock in Amazon, Chipotle Mexican Grill, and Netflix. The table. Eshows the price she paid for each stock, the price she received when she eventually sold her shares, and the date on which she sold each stock. Calculate the average annual growth in each company's share price over the time that Jamie held its stock. The average annual growth for Amazon is%. (Round to two decimal places.) Data table Stock Amazon Chipotle Netflix Purchase price $135 91 15 Print C Selling price $997 291 235 Done Sale date January 1, 2020 January 1, 2018 January 1, 2019 X

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Growth rates Jamie El-Erian is a savvy investor. On January 1, 2010, she bought shares of stock in Amazon, Chipotle Mexican Grill, and Netflix. The table, shows the price she paid for each stock, the price she received when she eventually sold her shares, and the date
on which she sold each stock. Calculate the average annual growth in each company's share price over the time that Jamie held its stock.
The average annual growth for Amazon is %. (Round to two decimal places.)
Data table
Stock
Amazon
Chipotle
Netflix
Purchase price
$135
91
15
Print
C
Selling price
$997
291
235
Done
Sale date
January 1, 2020
January 1, 2018
January 1, 2019
X
Transcribed Image Text:Growth rates Jamie El-Erian is a savvy investor. On January 1, 2010, she bought shares of stock in Amazon, Chipotle Mexican Grill, and Netflix. The table, shows the price she paid for each stock, the price she received when she eventually sold her shares, and the date on which she sold each stock. Calculate the average annual growth in each company's share price over the time that Jamie held its stock. The average annual growth for Amazon is %. (Round to two decimal places.) Data table Stock Amazon Chipotle Netflix Purchase price $135 91 15 Print C Selling price $997 291 235 Done Sale date January 1, 2020 January 1, 2018 January 1, 2019 X
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