Question
Six years ago you paid $20 per share for 100 shares of stock. Today you sold the 100 shares for $30 per share. Determine the
Six years ago you paid $20 per share for 100 shares of stock. Today you sold the 100 shares for $30 per share. Determine the average annual rate of return on your investment, assuming the stock paid no dividends a. 150% b. 8.33% c. 25% d. 7%
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Risk Sensitive Investment Management
Authors: Mark H A Davis, Sébastien Lleo
1st Edition
9814578037, 978-9814578035
