Compute the total and annual returns on the described
investment.
Five years after buying 200 shares of XYZ stock for $30 per share,
you sell the stock for $10,000.
Total Return: 70.00% |
||
Total Return: 66.67% |
||
Total Return: 60.00% |
||
Total Return: 56.67% |
ANSWER:
Option::
(b) is correct............
Total Return: 66.67% |
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