You Purchased Enron Stock at a Price of $30 Per

question 46

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%
• E)-125%

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Definitions:

Concentration Decrease

A reduction in the amount of a substance present in a specified volume of solution, typically resulting from dilution or chemical reaction.

Chemical Reaction

A process that involves rearrangement of the molecular or ionic structure of substances, resulting in the formation of new products.

Nitrogen Gas

A diatomic molecular gas (N2) that constitutes 78% of the Earth's atmosphere, colorless, odorless, and mostly inert.

Nitrogen Monoxide

A colorless gas with the formula NO; it is an important signaling molecule in the body and contributes to various biological processes.