At the start of a year, company XYZ's stock is $40 per share. At the end, the company's stock is $60 per share. What was the stock price's rate of return (percent increase)? 20% 40% 50% 60%

Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter2: Working With Real Numbers
Section2.3: Rules For Addition
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At the start of a year, company XYZ's stock is $40 per share. At the end, the company's stock is $60 per share. What was the stock price's rate of return (percent increase)?

20%

40%

50%

60%

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