Question
What is the percentage return on a stock that was purchased for $40.00, paid no dividend after one year, and was then sold for $39.00?
What is the percentage return on a stock that was purchased for $40.00, paid no dividend after one year, and was then sold for $39.00?
- A.-2.50%
- B.2.50%
- C.5.00%
- D.7.50%
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Get StartedRecommended Textbook for
Investments Analysis and Management
Authors: Charles P. Jones
12th edition
978-1118475904, 1118475909, 1118363299, 978-1118363294
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