If Penny bought a stock for $80 dollar. Could sell it 15 years later for 4 times

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If Penny bought a stock for $80 dollar. Could sell it 15 years later for 4 times what she originally paid.

What is Penny's return on owning this stock?

Related Book For answer-question

Fundamentals of Investments

ISBN: 978-0132926171

3rd edition

Authors: Gordon J. Alexander, William F. Sharpe, Jeffery V. Bailey

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Posted Date: May 16, 2023 04:24 AM

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If Penny bought a stock for $80 dollar. Could sell it 15 years later for 4 times

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To calculate Pennys return on owning the stock we need to determine the percentage increase in ... View the full answer

Fundamentals of Investments

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