Question
1. You invested $1000 in a stock one year ago, and you just sold it for $1250. Your aunt invested $5000 in a different stock
1. You invested $1000 in a stock one year ago, and you just sold it for $1250. Your aunt invested $5000 in a different stock one year ago and she just sold it for $6000.
a) Which one was better investment?
b) Does your answer change if your aunt also received $300 in dividends while holding the stock but you received no dividends? Why?
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Public Finance
Authors: Laurence S. Seidman
1st Edition
0073375748, 978-0073375748
