Gregory bought 500 shares of stock at a price of $60 per share. He later sold his stock at a price of $56. What was his total return on his investment?

Name: Gregory bought 500 shares of stock at a price of $60 per share. He later sold his stock at a price of $56. What was his total return on his investment?
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Question

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Gregory's total return on his investment would be a capital loss, calculated as follows: (Purchase price - Sale price) * Number of shares = (60 - 56) * 500 = $2,000 capital loss.

Gregory Bought 500 Shares of Stock at a Price of $60