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  • 1) What Is The Percentage Return On A Stock That Was Purchased

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    25 views2 pages

    1) What Is The Percentage Return On A Stock That Was Purchased

    Uploaded by

    mash1982
    QuizAnswer

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 2

    7/15/2015

    1)Whatisthepercentagereturnonastockthatwaspurchased

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    1)Whatisthepercentagereturnonastockthat
    waspurchased
    ResolvedQuestion:
    1)Whatisthepercentagereturnonastockthatwaspurchasedfor$50.00,paida$3.00dividendafterone
    yearandwasthensoldfor$49.00?Thesearetheanswersthatweregiveninthemultiplechoice:A)2.50%,
    B)2.505,C)4.00%,D)7.50%

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    Expert:Lev
    Totalinvested$50
    Totalreturn$49+$3=$52
    Returnoninvestment$52$50=$2
    thepercentagereturn$2/$50*100%=4%
    CorrectanswerisC.

    Lev,TaxPreparer
    Category:Finance
    SatisfiedCustomers:25302
    Experience:PersonalInvestment,TaxPreparation

    Levand2otherFinanceSpecialistsarereadytohelpyou
    Sharethisconversation

    AskLevYourOwnQuestion
    Lev,TaxPreparer
    Category:Finance
    SatisfiedCustomers:25302
    Experience:PersonalInvestment,TaxPreparation

    TypeYourFinanceQuestionHere...
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    7/15/2015

    1)Whatisthepercentagereturnonastockthatwaspurchased

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