Answered step by step
Verified Expert Solution
Question
1 Approved Answer
I'm a stock trader. I entered and exited the market 3 times this year. 1) entered on 12/31/20 at 86.5, exited on 1/27/20 at 92.72
I'm a stock trader. I entered and exited the market 3 times this year.
1) entered on 12/31/20 at 86.5, exited on 1/27/20 at 92.72 for a gain of 7.1%.
2) entered on 2/5/20 at 105.82, exited on 2/20/20 at 114.66 for a gain of 8.4%
3) entered on 4/15/20 at 61.55, exited on 4/30/20 at 69.77 for again of 13.4%.
How do I figure my annual growth rate.
How do I calculate my annual return based on these trades
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started