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Kaliah purchased 100 shares of PAC stock for $15 per share and sold this same stock one year later for $20 per share. She paid
Kaliah purchased 100 shares of PAC stock for $15 per share and sold this same stock one year later for $20 per share. She paid commissions of $55 when she purchased the stock and $65 when she sold the stock. Dividends of $2 per share were paid during the year. The total rate of return on this investment was
9.71 percent.
17.96 percent.
28.50 percent.
38.67 percent.
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