Moshe purchased a share for $30 last year. He found out today that he had a -100 per cent return on his investment. Which of the following must be true?
A) The share is worth $30 today.
B) The share is worth $0 today
C) The share paid no dividends during the year.
D) Both b and c must be true.

Question

Quizplus · Accepted Answer

The share is worth $0 today, and it paid no dividends during the year.

Moshe Purchased a Share for $30 Last Year