Practice Problems - Stock ReturnsSuppose that you look at a Yahool Portfolio and you see that a stock in the portfolio is currently selling for $200 per share. It's up 4900% since it was purchased, and there's a column that says "annual" that's 47.88%. The "annual" column is for either the Average Annual Return (for stocks held for more than one year) or the Annualized Return (for stocks held for less than one year). Return: 200-1=49,00=4900%How much of a "bagger" is the stock?Answer: It's: q, bagger2. What was the purchase price for the stock?Answer: The stock was purchased for {q, per share3. Has the stock been held for more than a year or less than a year?Answer: / Less than a year (circle one)Suppose that you look at a Yahool Portfoto and you see that a stock in the portfolio is currently selling for $200 per share. It's up 300% since it was purchased, and there's a column that says "annual" that's 1500%. The "annual" column is for either the Average Annual Return (for stocks held for more than one year) or the Annualized Return (for stocks held for less than one year). Retarn: 300-xx=3.00300%How much of a "bagger" is the stock?Answer: It's: bagger5. What was the purchase price for the stock?Answer: The stock was purchased for q, per share6. Has the stock been held for more than a year or less than a year?Answer: More than a year (Less than a year (circle one)