sbousquet sbousquet
  • 18-02-2022
  • Mathematics
contestada

An investor purchased 50 shares of
stock in a company for $1000. One
year later, the investor sold all 50
shares for $950. What is the
investor's rate of return?
A. -5.0%
B. 5.0%
C.-5.3%
D. 5.3%

Respuesta :

leonedeeon
leonedeeon leonedeeon
  • 18-02-2022

Answer:

50×100÷950=5.26

Round off 5.26

=5.3%

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