An investor purchased a stock for $18.09 and sold it one year later for $34.98. What...

 

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An investor purchased a stock for $18.09 and sold it one year later for $34.98. What was the investors capital gain rate? (Enter your answer as a decimal rounded to 4 decimal places, not a percentage). For example, enter .0153 instead of 1.53%. Your Answer: Answer An investor purchased a stock for $18.09 and sold it one year later for $34.98. What was the investors capital gain rate? (Enter your answer as a decimal rounded to 4 decimal places, not a percentage). For example, enter .0153 instead of 1.53%. Your Answer: Answer

Answer rating: 100% (QA)

Answer The capital gain rate is calculated as the change in price divided by the ... View the full answer