Moshe Purchased a Stock for $30 Last Year

question 71

Multiple Choice

Moshe purchased a stock for $30 last year. He found out today that he had a -100 percent return on his investment. Which of the following must be true?

• A) The stock is worth $30 today.
• B) The stock is worth $0 today
• C) The stock paid no dividends during the year.
• D) Both b and c must be true.

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