Suppose that 11 years ago, you purchased shares in a certain corporation's stock. Between then and...
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Suppose that 11 years ago, you purchased shares in a certain corporation's stock. Between then and now, there was a 2:1 split and a 5:1 split. If shares today are 76% cheaper than they were 11 years ago, what would be your rate of return if you sold your shares today? Round your answer to the nearest tenth of a percent. Suppose that 11 years ago, you purchased shares in a certain corporation's stock. Between then and now, there was a 2:1 split and a 5:1 split. If shares today are 76% cheaper than they were 11 years ago, what would be your rate of return if you sold your shares today? Round your answer to the nearest tenth of a percent.
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