JT Purchases 1,000 Shares of Stock at $14

question 52

Multiple Choice

JT purchases 1,000 shares of stock at $14.78 per share in January 2006. He sells the 1,000 shares in January 2010 for $15.50 per share. What is his internal rate of return?

• A) 11.2%
• B) 2.11%
• C) 1.2%
• D) 1.12%

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Definitions:

Early Adolescents

A developmental stage referring to individuals typically aged between 10 and 14 years, characterized by rapid physical, emotional, and social changes.

Family SES

Socioeconomic status of a family unit, determined by factors such as income, education level, and occupation, which affects members' social standing and access to resources.

Parental Attachment

The emotional bond that develops between a child and their caregivers, influencing the child's emotional and social development.

Low Neuroticism

A personality trait marked by calmness and stability, indicating a person's tendency to experience fewer negative emotions such as anxiety or depression.