One year ago, Melissa purchased 50 shares of common stock for $20 per share. During the year,

Question:

One year ago, Melissa purchased 50 shares of for $20 per share. During the year, the value of her stock decreased to $18 per share. If the stock did not pay a during the year, what yield did Melissa earn on her investment?

Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on... Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...