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

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
ChapterA2: Investments
Section: Chapter Questions
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12:38
Selling Stocks
Acellus
7
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%
В. 5.0%
С. -5.3%
D. 5.3%
Copyright © 2003 - 2021 Acellus
Corporation. All Rights Reserved.
Help Resources
Transcribed Image Text:12:38 Selling Stocks Acellus 7 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% В. 5.0% С. -5.3% D. 5.3% Copyright © 2003 - 2021 Acellus Corporation. All Rights Reserved. Help Resources
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