Kelly buys a share of stock for $20 that she sells a year later for $15. Kelly's rate of return is
A) positive 33 percent.
B) negative 33.3 percent.
C) negative 25 percent.
D) negative 75 percent.
Correct Answer:
Verified
Q68: The U.S. federal government is unlikely to
Q69: Thea buys a house for $250,000, rents
Q70: Mark buys a bond for $8,000 and
Q71: Katie buys a house for $200,000 and
Q72: At the end of 2017, U.S. households
Q74: The Standard & Poor's 500 Index measures
Q75: The largest mutual fund, as of March
Q76: The estimated value of all financial assets
Q77: Mutual funds may contain
A) stocks only.
B) bonds
Q78: Investment returns
A) are always positive.
B) are only
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents