What Would Be the Return on a Stock Purchased at $20

question 61

Multiple Choice

What would be the return on a stock purchased at $20 per share, held for five years, and sold for $32.22? Ignore brokerage commissions and tax implications and assume the stock paid no dividends during the holding period. Round to the nearest whole percent if necessary.

• A)3 percent
• B)10 percent
• C)15 percent
• D)16 percent

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Definitions:

Cognitive Development

The process by which individuals acquire, understand, and utilize knowledge through thought, experience, and the senses.

Transitivity

In mathematics and logic, the property of a relation where if it applies between successive pairs like a is to b and b is to c, it also applies directly between a and c.

Cognitive Development

The process by which a person's ability to think, understand, and learn grows and evolves throughout life.

Working Memory

The structure of memory that can hold a sensory stimulus for up to 30 seconds after the trace decays.