Suppose a stock is sold for $900 and pays no dividends. At the end of the year,
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Suppose a stock is sold for $900 and pays no dividends. At the end of the year, the price of the stock rises to $950. What is the dollar return on investment in this stock?
You gave your cousin $1,080. As a token of gratitude, your cousin gave you $1,400 at the end of the year instead of $1,080. If you look at it as an investment, calculate your annual rate of return .
Related Book For
Federal Taxation 2016 Comprehensive
ISBN: 9780134104379
29th Edition
Authors: Thomas R. Pope, Timothy J. Rupert, Kenneth E. Anderson
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