Based on the Following Information, Estimate the Percentage Appreciation on Stock

question 65

Multiple Choice

Based on the following information, estimate the percentage appreciation on stock bought by the founders: founders' purchase price = $1.00; venture investors' purchase price = $2.00; current stock price = $10.00; founders' holding period = 5 years; and venture investors holding period = 3 years.

• A)100%
• B)400%
• C)600%
• D)900%

---

Definitions:

Spain

A country on Europe's Iberian Peninsula, known for its rich history, diverse culture, and significant global influences in exploration, art, and cuisine.

Bartolomé de Las Casas

A 16th-century Spanish historian and Dominican friar who became the first advocate for the rights of indigenous peoples in the Americas.

Destruction of the Indies

A short account written by the Spanish Dominican friar Bartolomé de las Casas in 1542, detailing the mistreatment of Indigenous peoples in the Americas by European colonizers.

Indian Enslavement

The historical practice of enslaving Indigenous peoples in the Americas, especially prominent during European colonization and expansion.