You purchased Enron stock at a price of $30 per share. Its price was $20 after six
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Question:
You purchased Enron stock at a price of $30 per share. Its price was $20 after six months and the company declared bankruptcy at the end of the next six months. The realized return over the last year is:
A. | -99% | |
B. | -150% | |
C. | -75% | |
D. | -100% |
Related Book For
Fundamentals of Investments Valuation and Management
ISBN: 978-0077283292
5th edition
Authors: Bradford D. Jordan, Thomas W. Miller
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