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:

Tacit Knowledge

Knowledge that is difficult to transfer to another person by writing it down or verbalizing it, often gained through personal experience.

Explicit Knowledge

Information or knowledge that is easily articulated, codified, accessed, and verbalized, typically found in documents or databases.

Observation

The action or process of closely monitoring or noting something or someone in order to gain information.

Johari Window

A model used to understand and improve self-awareness, interpersonal relationships, and mutual understanding within groups.