The Adjusted Close Price of a Share Is Now $67

question 116

Multiple Choice

The adjusted close price of a share is now $67. A year back, the adjusted close price of the same share was $50. What is the investment percent return for someone who holds 10 of these shares today?

• A) 34%
• B) 17%
• C) 20%
• D) 25.37%

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Definitions:

Opportunity Costs

The cost of foregone alternatives when a decision is made to pursue a particular course of action over others.

Production Possibilities Frontier

A curve depicting the maximum output combinations of two goods that can be produced given available resources and technology.

Opportunity Cost

The cost of what is foregone in order to pursue a certain action or decision.

Bowed-out

A term often used to describe a production possibility frontier that is concave from the origin, indicating increasing opportunity costs as more of one good is produced.