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In 2013, Wendell placed a market buy order for 100 shares of AEM stock. Two years later, 2015, Walter placed a market sell order for
In 2013, Wendell placed a market buy order for 100 shares of AEM stock. Two years later, 2015, Walter placed a market sell order for AEM.
Relevant 2013 Quote Relevant 2015 Quote Bid Asked Bid Asked 15.25 15.45 17.35 17.50
Assuming Wendells broker charges $60 per trade/transaction, what annual return did Wendell earn on the stock? (Wendell received no dividends from the stock).
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