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Given the following information, calculate a stocks one-year Return on Investment (answer choices are 9.1% , 8.4% , 13.3% , or 11.5%) Information: Selling price:
Given the following information, calculate a stocks one-year Return on Investment (answer choices are 9.1% , 8.4% , 13.3% , or 11.5%)
Information:
Selling price: $50/share
Dividends received during the year: $1/share
Purchase price: $45/share
Discount brokerage fee: $25
Number of shares owned: 200
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