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:

Real GDP

measures the value of all final goods and services produced within a country in a given period of time, adjusted for inflation.

GDP Deflator

A gauge indicating the cost of all new, locally manufactured, final goods and services in an economy.

Trillion

A numerical value represented as 1,000,000,000,000 (10^12), indicating a massive quantity, often used in economic and astronomical contexts.

Existing Assets

Tangible or intangible resources that a company currently owns and uses in its operations.