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1. A 15% return on a stock means that ________. a) the stock is worth 15% more at the end of the year than at
1. A 15% return on a stock means that ________.
a) | the stock is worth 15% more at the end of the year than at the beginning |
b) | 15% of the people who purchased the stock will see a return |
c) | 15% of the original purchase price of the stock returns to the seller at the end of the year |
d) | the stock has lost 15% of its value since it was originally sold |
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