1. You invested $3,640 in a certain stock 24 years ago. You decided to sell your shares...
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1. You invested $3,640 in a certain stock 24 years ago. You decided to sell your shares today, the rate of return would be 1.9%. How much money would you earn if you sell your shares today? Round your answer to the nearest dollar.
2.Suppose that during a 13 year period, a corporation's stock has a 3:1 split. By what percent would the price per share have to decrease in order for the rate of return during this period to be -4.7%? Round your answer to the nearest percent.
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