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BARSIC [14]
3 years ago
7

Mathew had purchased 100 shares of Blue Corporation for $100 per share. Currently, the stocks of Blue Corporation are trading at

$150. Which of the following is the return on Mathew’s investment on one share?
(A) 65%
(B) 50%
(C) 75%
(D) 80%
(E) 40%
Business
1 answer:
solong [7]3 years ago
6 0

Answer:

B) 50%

Explanation:

Matthew's total return on investment = (current price - original purchase price) / original purchase price

= ($150 - $100) / $100 = $50 / $100 = 0.5 or 50%

To be able to determine the annual rate of return we would need to know when did Mathew purchase the shares.

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Answer:

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