You Purchased 100 Shares of Amazon

question 60

Multiple Choice

You purchased 100 shares of Amazon.com (AMZN) for $50 a share and paid $20 in commissions and other transaction costs. You sold the stock a few months later for $88 a share,
Again incurring $20 in transaction costs. What was your rate of return?

• A)76.3%
• B)76.7%
• C)75.3%
• D)74.9%

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Definitions:

Natural Gas

A fossil fuel consisting mainly of methane, used as an energy source for heating, cooking, and electricity generation.

Nonpoint Source

Pollution that does not originate from a single, identifiable source, but rather from many diffuse sources, often related to rainfall moving over and through the ground.

Crop Yield

The amount of crop (in terms of weight or volume) that is harvested per unit of land area.

Global Climate Change

Refers to the long-term alteration of temperature and typical weather patterns in a place that can lead to severe environmental and health impacts.