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Assume That on January 1, 2021 You Purchased Ten Shares

Question 123

Essay

Assume that on January 1, 2021 you purchased ten shares of XYZ Corporate stock for $22 each.On September 30, 2023, you sell one-half of your stock for $28 per share.What is your return on your investment?

Correct Answer:

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($28 − $22...

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