For investments, how are risk and return related? a) when the risk is low, the return is high b) when the risk is high, the retu
2 answers:
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Given:
Price of one share in 1980 = $
Price of one share in 1989 = $.
To find:
How much money would you have made if you bought 100 shares of Johnson & Johnson stock in 1980 and sold it in 1989?
Explanation:
Using the given information,
Change in the value of each share =
=
=
=
=
Value of one share increased by $.
Value of 100 shares increased by =
=
=
=
Therefore, you would have made $3887.5 if you bought 100 shares of Johnson & Johnson stock in 1980 and sold it in 1989.