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You invest $5,000 right now in a stock that's priced at $12. At the end of the year, you invest another $5,000 when the price
You invest $5,000 right now in a stock that's priced at $12. At the end of the year, you invest another $5,000 when the price has gone up to $16. You are happy with the investment, but at the end of the fifth year you decide to take your profits. You sell all of your shares for a total of $22,000. What is the ROI on this investment? O ROI cannot be determined without know the price at which you sold the stock. O about 19.0% O about 120.0%
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