Greg purchased stock in Bear Stearns and Co. at a price of $88 per share one year

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Greg purchased stock in Bear Stearns and Co. at a price of $88 per share one year ago. The company was acquired by JP Morgan at a price of $11 per share. What is Greg's return on his investment?

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Financial Accounting in an Economic Context

ISBN: 978-1119444367

10th edition

Authors: Jamie Pratt

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Posted Date: Feb 21, 2024 06:28 AM

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Greg purchased stock in Bear Stearns and Co. at a price of $88 per share one year

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Financial Accounting in an Economic Context

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