If You Purchase 100 Shares of Stock in ABC for $50

question 42

Multiple Choice

If you purchase 100 shares of stock in ABC for $50 per share in January,2003 and sell the stock at the end of 2006 for $90.What is your Internal Rate of Return on this investment?

• A)15.83%
• B)21.64%
• C)82.22%
• D)86%

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Definitions:

Logical

Pertaining to or characterized by clear, sound reasoning and coherent thought.

Ethnocentrism

Assessing a foreign culture purely through the lens of one's own cultural norms and values.

Cultural Competency

The ability to understand, communicate with, and effectively interact with people across cultures by acknowledging and respecting their beliefs and behaviors.

Culture

The shared beliefs, values, norms, and practices that characterize a group of people, shaping their behavior and understanding of the world.