If You Bought Stock for $3,000 a Year Ago, Received

question 89

Multiple Choice

If you bought stock for $3,000 a year ago, received no dividends, and sold it for $1,000, what is the return on your investment?

• A) -67%
• B) 0%
• C) 67%
• D) -33%

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Definitions:

Foreign Conscripts

Individuals drafted into military service from another country, often without their consent, to serve in the armed forces of an adopting nation.

Louisiana Territory

A vast area of land in North America that was acquired by the United States from France in 1803, doubling the size of the young republic.

Colonialism

The policy or practice of acquiring full or partial political control over another country, occupying it with settlers, and exploiting it economically.

Financial Losses

The negative financial result from business operations, investment activities, or other financial transactions, where expenses exceed revenues or costs outweigh benefits.