Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

Year Nvidia MSFT GOOG Apple Duke JNJ S&P 5 0 0 T - Bill 2 0 2 3 $ 6 1 . 5 2 $

Year Nvidia MSFT GOOG Apple Duke JNJ S&P 500 T-Bill
2023 $ 61.52 $ 397.58 $ 141.64 $ 184.16 $ 93.81 $ 156.444845.655.07%
2022 $ 19.53 $ 247.81 $ 99.76 $ 143.31 $ 96.06 $ 156.154076.602.02%
2021 $ 24.45 $ 310.98 $ 135.54 $ 172.59 $ 94.80 $ 160.414515.550.05%
2020 $ 12.96 $ 231.96 $ 91.68 $ 129.50 $ 81.58 $ 148.153714.240.35%
2019 $ 5.89 $ 170.23 $ 71.63 $ 75.29 $ 81.18 $ 131.623225.522.06%
2018 $ 3.57 $ 104.43 $ 55.76 $ 39.89 $ 69.95 $ 114.432704.101.94%
2017 $ 6.08 $ 95.01 $ 58.43 $ 39.53 $ 59.75 $ 115.692823.810.93%
2016 $ 2.69 $ 64.65 $ 39.79 $ 28.20 $ 57.35 $ 92.412278.870.32%
2015 $ 0.71 $ 55.09 $ 37.11 $ 22.13 $ 52.70 $ 82.881994.990.05%
2014 $ 0.46 $ 40.40 $ 26.62 $ 26.19 $ 58.41 $ 77.181782.590.03%
Referring to the "Returns" file, suppose you invested $1,000 equally among Nvidia, Microsoft, Duke, and JNJ. What is your capital gain (or loss) if you were to sell you investment at the end of 2023?
Group of answer choices
$35,829.69
$36,737.96
None of the answers presented are correct
$35,737.96

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Principles Of Taxation For Business And Investment Planning 2018

Authors: Sally Jones, Shelley C. Rhoades Catanach, Sandra R Callaghan

21st Edition

978-1259713729

Students also viewed these Finance questions