Solved

You Purchased 1000 Shares of Stock for $25 Per Share

Question 3

Multiple Choice

You purchased 1000 shares of stock for $25 per share.After holding the stock for 6 years and not receiving any dividends,you sell the stock for $42 per share.What are the holding period and annual return on this investment?


A) 9.20%,1.63%
B) 68%,9.03%
C) 62%,7.66%
D) 18%,2.87%

Correct Answer:

verifed

Verified

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents