Kevin made two investments over the past two years. His first investment wasabaseball card thatcost$50.00,whichhe sold three
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Kevin made two investments over the past two years. His first investment wasabaseball card thatcost$50.00,whichhe sold three months later for$55.00.The second wasashare of stockinastart-upcompany. The stock cost$42.00.He held the stock for two years,receivedacashdividendof$0.90, and then sold the stock for$47.82.What were his profit andreturnfor these two investments?Whichwas thebetterinvestment?
Related Book For
Financial Accounting and Reporting a Global Perspective
ISBN: 978-1408076866
4th edition
Authors: Michel Lebas, Herve Stolowy, Yuan Ding
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