Assume that you purchased 100 shares of a stock for $60 a share,that you did not receive any dividends,and that you sold your stock for $70 a share at the end of one year.What is the total return for your investment?

Question

Quizplus · Accepted Answer

The total return is calculated by subtracting the initial investment from the final amount received. Initial investment = 100 shares * $60/share = $6,000. Final amount received = 100 shares * $70/share = $7,000. Total return = $7,000 - $6,000 = $1,000.

Assume That You Purchased 100 Shares of a Stock for $60