Suppose you buy one share of stock for $34.67, and after one year the same stock is
Fantastic news! We've Found the answer you've been seeking!
Question:
Suppose you buy one share of stock for $34.67, and after one year the same stock is selling for $22.88 per share. Assuming there were no other cash flows (no dividends), what was your return on that investment? (Enter a decimal, not a percentage; 0.0600, not 6.00%)
Related Book For
Intermediate Accounting
ISBN: 9781259722660
9th Edition
Authors: J. David Spiceland, James Sepe, Mark Nelson, Wayne Thomas
Posted Date: