1. If you buy 100 shares of Ajax Corporation at $15 a share and sell them a year later for $20 a share, what was your return if the shares paid $2 per share in dividends? (Ignore trading commissions and fees. Round to the nearest whole percentage.)

2. John decides to take his $2,000 annual Christmas bonus and invest it each year for the next five years in stocks that he believes can earn an 8% annual return. How much will John's investment be worth at the end of five years?

Answer rating: 100% (QA)

To calculate the return on investment for the Ajax Corporation shares we first need to calculat... View the full answer