homework help

One year ago, you purchased 10 shares of a stock for $50 per share. Today, the price per share of that stock is $57. There were no dividends paid during the past year. Calculate your annual rate of return on the stock investment. 14.0%7.0%12.3%14.0% None of the above. Suppose that you purchased a $1000 par value bond for $1040 with one year maturity remaining. If the bond has an annual coupon rate of 9%, what is your rate of return on that investment once the bond matures? 3.8% 4.0% 4.8% 13.0% None of the above