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:

Bureau

An administrative unit or a specialized agency, typically within a government or organization, responsible for a specific area of operation or a type of activity.

Finishes

The final surface application or detailing of a product, important for aesthetics and functionality.

Townhome

A Townhome, also known as a townhouse, is a type of multi-floor home that shares one or more walls with adjacent properties but has its own independent entrance.