Assume That You Purchased 100 Shares of a Stock for $60

question 109

Multiple Choice

Assume that you purchased 100 shares of a stock for $60 a share,that you did not receive any dividends,and that you sold your stock for $70 a share at the end of one year.What is the total return for your investment?

• A)$60
• B)$70
• C)$100
• D)$700
• E)$1,000

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