You Purchased Enron Stock at a Price of $30 Per

question 75

Multiple Choice

You purchased Enron stock at a price of $30 per share.Its price was $20 after six months and the company declared bankruptcy at the end of the next six months.The realized return over the last year is:

• A)-99%
• B)-75%
• C)-150%
• D)-100%

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Definitions:

Biological Causes

Factors rooted in physiological or genetic conditions that lead to certain outcomes or behaviors.

Psychiatrists

Medical doctors specialized in diagnosing, treating, and preventing mental, emotional, and behavioral disorders.

Liability

The legal responsibility or obligation to compensate for harm or damage caused as a result of actions or negligence.

Social Drift Theory

The hypothesis suggesting that individuals from higher social classes who are predisposed to mental illness tend to drift into lower social classes.