Mark Would Like to Purchase a Stock Priced at $70

question 64

Multiple Choice

Mark would like to purchase a stock priced at $70. Mark thinks he can sell the stock for $100 after one year. If Mark does not borrow any money from his brokerage firm, what is the estimated return on the stock?

• A)30.00 percent
• B)-42.86 percent
• C)-30.00 percent
• D)42.86 percent
• E)none of the above

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Definitions:

Units of Y

Quantitative measures of a variable Y, often used in economics to denote quantity or amount.

Units of X

The quantity of a particular good or service being referred to or utilized in an economic context.

Original Bundle

In economics, this refers to a specific combination of goods that a consumer initially chooses given their budget and prices.

Price Rise

An increase in the cost of goods or services, typically signifying inflation or market changes.